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	<title>ShoutingInDigital &#187; cresta</title>
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		<title>Furniture-maker Natuzzi accused of price rigging</title>
		<link>http://shoutingindigital.com/2009/12/furniture-maker-natuzzi-accused-of-price-rigging/</link>
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		<pubDate>Fri, 04 Dec 2009 15:08:07 +0000</pubDate>
		<dc:creator>James</dc:creator>
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		<category><![CDATA[cresta]]></category>
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		<category><![CDATA[price fixing]]></category>
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Image by exaudio via Flickr



Furniture retailer Natuzzi has denied any involvement in alleged price fixing, for which has been reported to the Office of Fair Trading.
Preston-based independent furniture retailer Cresta has lodged a complaint against the Italian-based Natuzzi claiming they tried to prevent Cresta from selling goods cheaper than Natuzzi does in its stores.
Retail Week [...]]]></description>
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<dt class="wp-caption-dt"><a href="http://www.flickr.com/photos/90341060@N00/1081895581"><img title="natuzzi felice sectional sofa" src="http://farm2.static.flickr.com/1289/1081895581_898e7eb88d_m.jpg" alt="natuzzi felice sectional sofa" /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution" style="font-size: 0.8em;">Image by <a href="http://www.flickr.com/photos/90341060@N00/1081895581">exaudio</a> via Flickr</dd>
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<p>Furniture retailer Natuzzi has denied any involvement in alleged <a class="zem_slink" title="Price fixing" rel="wikipedia" href="http://en.wikipedia.org/wiki/Price_fixing">price fixing</a>, for which has been reported to the <a class="zem_slink" title="Office of Fair Trading" rel="wikipedia" href="http://en.wikipedia.org/wiki/Office_of_Fair_Trading">Office of Fair Trading</a>.</p>
<p>Preston-based independent furniture retailer <a href="http://www.cresta.co.uk/" target="_blank">Cresta </a>has lodged a complaint against the Italian-based Natuzzi claiming they tried to prevent Cresta from selling goods cheaper than Natuzzi does in its stores.</p>
<p><a href="http://www.retail-week.com/retail-sectors/home-and-diy/furniture/natuzzi-accused-in-price-fixing-case/5008548.article" target="_blank">Retail Week reports</a> that Natuzzi issued a statement denying any allegations which said:</p>
<p>“The court will deal with all matters raised, including any allegations of resale price maintenance; allegations that Natuzzi are vigorously defending against.”</p>
<p>Cresta, who have sold <a href="http://www.natuzzi.co.uk/" target="_blank">Natuzzi</a> goods for the past seventeen years claims it has taped conversations with Natuzzi and will pass them to the court.  A Cresta spokesman also stated that they would not be bullied by the Italian firm.</p>
<p>Cresta has been granted an injunction preventing Natuzzi from drawing on its bank guarantee while the OFT investigates.</p>
<p>The news comes just a couple of days after Cary Benson, the VP of Natuzzi’s American arm resigned amid rumours that Natuzzi America had been reported to the SEc and the US Dept of Justice.</p>
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