Navigation path

Login   |   Register
 

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Extracts from the press conference by Joaquín Almunia on producers of TV and computer monitor tubes € 1.47 billion for two decade-long cartels fined by the EC

219 views

On 5 December 2012 during a press conference, Joaquín Almunia, Vice-President of the EC in charge of Competition, announced that the European Commission decided to fine seven international groups of companies a total of € 1 470 515 000 for participating in either one or both of two distinct cartels in the sector of cathode ray tubes ("CRT"). For almost ten years, between 1996 and 2006, these companies fixed prices, shared markets, allocated customers between themselves and restricted their output. One cartel concerned colour picture tubes used for televisions and the other one colour display tubes used in computer monitors. The cartels operated worldwide. Chunghwa, LG Electronics, Philips and Samsung SDI participated in both cartels, while Panasonic, Toshiba, MTPD (currently a Panasonic subsidiary) and Technicolor (formerly Thomson) participated only in the cartel for television tubes. These cartels for cathode ray tubes are 'textbook cartels': they feature all the worst kinds of anticompetitive behaviour that are strictly forbidden to companies doing business in Europe, the Vice-President told journalists.
SHOTLIST INFO PRESS

Type: EbS   Reference: 90281   Date: 05/12/2012   Duration: 00:03:52
To download, please log in



Related media

Press conference by Joaquín Almunia, Vice-President of the EC, on the four ...
Ref: P-022351/00-01
Date: 05/12/2012
Extracts from the press conference by Joaquín Almunia on producers of TV and ...
Ref: 90281
Date: 05/12/2012
Press conference by Joaquín Almunia on producers of TV and computer monitor ...
Ref: 90280
Date: 05/12/2012
Video Player   Need some help?


Investment plan

Mon 26/01
European Commission - Press release Brussels, 26 January 2015 The European Commission welcomed today the signing of the SME Initiative with Spain, a ground-breaking agreement to unlock more than €3.2 billion of additional lending for companies with fewer than 250 employees (SMEs).
Mon 26/01
European Commission - Press release Brussels, 26 January 2015 The European Commission has decided not to refer the planned acquisition of Jazztel p.l.c. by Orange S.A. to the Spanish competition authority for assessment under Spanish competition law.
Mon 26/01
European Commission - Press release Brussels, 26 January 2015 The European Union is increasing its humanitarian assistance in Ukraine where the latest surge of violence has deepened an already desperate situation. Thousands of people are suffering from the combined impact of the conflict, displacement, extreme poverty and the harsh winter.
Mon 26/01
European Commission - Daily News Daily News 26 / 01 / 2015 Brussels, 26 January 2015 Investment Plan for Europe: new SME Initiative to unlock more than €3.2 billion of cheaper credit for Spanish companies The European Commission welcomed today the signing of the SME Initiative with Spain, a ground-breaking...
Mon 26/01
European Commission - Speech - [Check Against Delivery] Brussels, 26 January 2015 Jeroen vient de présenter de manière parfaite nos discussions sur l'agenda de ce soir, la Commission Européenne a en effet expliqué comment elle allait travailler d’ici début mars sur la situation d'un certain nombre de pays qui n’avaient...
Mon 26/01
European Commission - Speech - [Check Against Delivery] 26 January 2015 Kyiv, Ukraine I am here today to express in person the EU's solidarity with the people in Ukraine. I strongly condemn the attacks in Mariupol that have led to the loss of so many lives.
Mon 26/01
European Commission - Speech - [Check Against Delivery] Brussels, 26 January 2015 President Buzek, Honourable Members, Thank you for welcoming me in Parliament today during this Extraordinary ITRE Committee Meeting and for the strong interest in the Energy Union project expressed by many of you.
Mon 26/01
European Commission - Statement Statement Statement Brussels, 26 January 2015 "It is with great sadness that I learned of the passing away of Karl-Heinz Narjes. We lose a European of the first hour who worked for a united Europe and the European Single Market with dedication, determination and optimism.
Fri 23/01
European Commission - Top news Top Top Brussels, 23 January 2015 Background notes from the Spokesperson’s service for journalists The European Commission reserves the right to make changes 28-31/1: Commissioners Stylianides and Hahn visit Jordan and Lebanon 4/2 (tbc): European Commission adopts proposal to increase pre-financing to promote youth employment...
Fri 23/01
European Commission - Commissioners' weekly activities Brussels, 23 January 2015 (Susceptible de modifications en cours de semaine) Déplacements et visites Lundi 26 janvier Agrifish Council. Mr Frans Timmermans andMs Vĕra Jourová in Prague (26-27/1) to participate in the 4th international Forum "Let My People Live!".

Go to useful links page Useful links

Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2015