Friday, February 11, 2011 11:42:41 PM
HP, Staples Antitrust Lawsuit Focuses On Market Development Funds
By Jack McCarthy, CRN
Dec. 19, 2007 5:08 PM EST
A lawsuit alleging Hewlett-Packard (NYSE:HPQ) and Staples broke antitrust laws in collaborating on the sale of replacement ink-jet printer cartridges shows the hard-edge competition that can occur when agreements are made between major vendors like HP and big box retailers like Staples, HP partners say.
The lawsuit, filed in U.S. District Court in Boston by Ranjit Bedi, says the companies entered "an illegal agreement between competitors to stop competing" in which HP paid Staples market development funds to stop selling non-HP-branded ink-jet printer cartridges for HP printers, Reuters said.
http://www.crn.com/news/channel-programs/205100859/hp-staples-antitrust-lawsuit-focuses-on-market-development-funds.htm
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