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Maxi-Toys

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« Ethical » rating of Maxi-Toys , group and subsidiaries

Fraud 1
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yearfinancial misdemeanor source
2007 The French Competition Council fines 5 toys manufacturers, Chicco (600 000 euros), Goliath (25 000 euros), Hasbro (5.1 million euros), Lego (1.6 million euros), MegaBrands (240 000 euros), and 3 retailers, Carrefour (27.4 million euros), Maxi Toys (1.8 million euros), JouéClub (300 000 euros) for fixing the price of Christmas toys between 2001 and 2003, at the harm of the consumers. The suppliers agreed with distributors to set a fixed price for their products in all the shops. They also set up market monitoring schemes of prices, in which the retailers took an active part. These price agreements led to the elimination of any competition between retailers for the toys of these brands, at the harm of the consumers.     Conseil de la concurrence
yearfinancial misdemeanorsalesincomeassetsbuybacksource
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