Arisit managing director Simon Taylor sees nothing but advantages from the news this week that, globally, Whirlpool Corporation is set to acquire a controlling stake in Italian appliance conglomerate Indesit.
Bush Australia has ceased distributing the Grundig brand, meaning brand owner The Arcelik Group is now free to distribute consumer electronics and appliances under this brand, in addition to its existing Beko range.
Eight months after applying for authorisation to set minimum advertising prices on selected Beko appliances, the ACCC rejected The Narta Group’s proposal. Here is the story of how that decision was made.
A proposal by Narta to fix advertising prices of Beko appliances has been quashed by the ACCC as it would present “a significant public detriment”. Narta had wanted to set minimum pricing on Beko products for its members.