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Toys R Us to pay $1.3M antitrust penalty

A Toys R Us in Denver. (Reuters/Rick Wilking)

Privately-held Toys R Us has agreed to pay a $1.3 million penalty for violating a 1998 order that barred it from pushing suppliers to refuse to sell to competitors or from urging limits to those sales, the Federal Trade Commission said Tuesday.

The FTC said in a complaint that Toys R Us subsidiary Babies R Us had asked suppliers what they were charging discounters and complained to them about discounts that other retailers were giving consumers, the FTC said. Get the full story »