Two Steinway dealers are guilty of price fixing

The well-known Zurich firms Musik Hug and AKHZ Management (formerly Krompholz) have been hit by the Swiss competition commission with a massive fine of half a million Swiss francs for price fixing.

The two firms were found to have conspired to fix prices and discounts illegally on upright and grand pianos made by Steinway & Sons and Grotrian-Steinweg. A third conspirator, La Bottega del Pianoforte, was exempted from the penalty after admitting its involvement.

One offence involved the sale of a Steinway to a public institution, the Zurich Hochschule der Künste.

Some details here and here (auf Deutsch).

 

steinway baby grand

share this

Share on facebook
Share on twitter
Share on linkedin
Share on google
  • Krompholz used to be the Steinway dealer in Bern, not Zurich. Which raises the question: If a dealer from Bern can submit an offer to fulfill the search for the HdK pianos (in Zurich), why was a dealer from Tessin denied the right to do so?

  • >