EU Fines Asus, Philips, Pioneer $130 Million for Online Price Fixing

EU Fines Asus, Philips, Pioneer $130 Million for Online Price Fixing

5 years ago
Anonymous $RBasgWKaIV

https://www.bleepingcomputer.com/news/technology/eu-fines-asus-philips-pioneer-130-million-for-online-price-fixing/

The European Commission has levied fines against four consumer electronics manufacturers —Asus, Denon & Marantz, Philips, and Pioneer— for fixing online resale prices.

The fines total over €111 million ($130 million) but have been reduced after the companies cooperated with EU authorities.