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May 13, 2006

Nikon Finland Faces EUR300,000 Fine

Nikon Finland could be fined EUR300,000 (approximately USD388,000) by the Market Court for violating competition rules. The Finnish Competition Authority called for the penalty stating that "During 2004 and 2005, Nikon e.g. refused to extend its product guarantee to Nikon cameras imported by parallel importers and hence placed consumers in an unequal position depending on where the camera had been purchased..."

Posted by covey22 at May 13, 2006 12:45 AM