Tuesday, July 24, 2018

EU fines Asus, Denon & Marantz, Philips and Pioneer $130M for online price fixing – TechCrunch

The European Union’s antitrust authorities have issued a series of penalties, fining consumer electronics companies Asus, Denon & Marantz, Philips and Pioneer more than €110 million (~$130M) in four separate decisions for imposing fixed or minimum resale prices on their online retailers in breach of EU competition rules. It says the four companies engaged in so called “fixed or minimum resale

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