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Piano Maker Steinway Swiss Dealers Raided in Antitrust Probe

The offices of Steinway & Sons Swiss dealers were raided as part of an antitrust probe into piano purchases at the Zurich University of the Arts.

Evidence indicates that there may have been agreements on sales territories and prices for Steinway pianos, the Swiss Competition Commission said in an e-mailed statement today. Imports of pianos from neighboring countries may have been impeded or prevented, the watchdog said. The probe was started yesterday.