Case Description
Plaintiff state sued Bioelements, a maker of a line of beauty-care products it claims have quasi-medicinal properties such as reducing wrinkles. These products are sometimes known as “cosmesceuticals.” The state alleged that since 2009, Bioelements had entered into dozens of contracts with other companies that required them to sell Bioelements’ products online for at least as much as the retail prices prescribed by
Bioelements. Under the terms of the settlement, Bioelements must permanently refrain from fixing resale prices for its merchandise; Inform distributors and retailers with whom Bioelements made price-fixing contracts that Bioelements considers the contracts void and will not try to enforce them; and pay a total of $51,000 in civil penalties and attorney fees.
