{"id":38,"date":"2010-04-01T15:57:51","date_gmt":"2010-04-01T20:57:51","guid":{"rendered":"http:\/\/www.pipefinepatiofurniture.com\/blog\/uncategorized\/new-york-attourney-general-sues-tempur-pedic-over-minimum-pricing"},"modified":"2012-09-30T09:06:50","modified_gmt":"2012-09-30T14:06:50","slug":"new-york-attourney-general-sues-tempur-pedic-over-minimum-pricing","status":"publish","type":"post","link":"https:\/\/pipefinepatiofurniture.com\/blog\/news\/new-york-attourney-general-sues-tempur-pedic-over-minimum-pricing","title":{"rendered":"New York Attorney General Sues Tempur-Pedic"},"content":{"rendered":"

But company says it is complying with law<\/strong><\/em><\/span>
\nThe New York attorney general’s office has accused mattress manufacturer Tempur-Pedic of violating state law by enforcing minimum retail prices for its products.<\/p>\n

In a lawsuit filed this week, the state said Tempur-Pedic unlawfully prohibits dealers from discounting, which has resulted in “uniformly high retail prices” and caused New York consumers to pay too much for its visco-elastic mattresses.<\/p>\n

“Tempur-Pedic’s retail partner agreement has contractual provisions that prohibit and restrain discounting, contrary to New York law,” the complaint reads. “Moreover … Tempur-Pedic has explicitly stated that it will not do business with any retailer that charges retail prices that differ from the prices set by Tempur-Pedic.”<\/p>\n

The complaint says Tempur-Pedic enforces the anti-discounting provision by, among other things, encouraging retailers to report competitors who are selling the company’s products below the established price.<\/p>\n

“Absent Tempur-Pedic’s prohibition against discounting, New York retailers would set prices for Tempur-Pedic products according to the competitive conditions of a free market,” the complaint said.<\/p>\n

Tempur-Pedic CEO Mark Sarvary said the company was disappointed in the attorney general’s action and noted the company had “cooperated fully” in a lengthy antitrust investigation by the attorney general’s office.<\/p>\n

“We believe the attorney general’s claim that Tempur-Pedic violated state law is simply wrong, and we intend to defend the case vigorously,” he said in a statement released by the company.<\/p>\n

Sarvary said the attorney general’s office had previously asked the company to consider discontinuing its retail price policy.<\/p>\n

The lawsuit asks for an injunction barring Tempur-Pedic from enforcing the anti-discounting policy, and seeks restitution for consumers adversely affected by the practice.<\/p>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

But company says it is complying with law The New York attorney general’s office has accused mattress manufacturer Tempur-Pedic of violating state law by enforcing minimum retail prices for its products.<\/p>\n

In a lawsuit filed this week, the state said Tempur-Pedic unlawfully prohibits dealers from discounting, which has resulted in “uniformly high retail prices” and . . . → Read More: New York Attorney General Sues Tempur-Pedic<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-38","post","type-post","status-publish","format-standard","hentry","category-news","odd"],"yoast_head":"\nNew York Attorney General Sues Tempur-Pedic<\/title>\n<meta name=\"description\" content=\"New York Attorney General Sues Tempur-Pedic\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pipefinepatiofurniture.com\/blog\/news\/new-york-attourney-general-sues-tempur-pedic-over-minimum-pricing\" \/>\n<meta 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