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Four consumer electronics manufacturers fined for fixing online prices

The European Commission today fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer for imposing fixed or minimum resale prices on their online retailers in breach of EU competition rules. The fines totalling over €111 million were in all four cases reduced due to the companies' cooperation with the Commission.
Statement

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date:  24/07/2018

Related Theme

Antitrust