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EU Hits Pioneer, D&M, Philips & Asus with Fines for Price Fixing

July 27, 2018 by Ted Leave a Comment

Asus logoThe European Commission, the EU’s antitrust regulatory unit, after a 17-month investigation of online price fixing and other illegal anti-competitive practices has levied a fine of €111.2 million ($130 million) against four prominent consumer electronics brands, including Pioneer Corp., D&M Holdings Inc. of Japan, Koninklijke Philips NV of the Netherlands, and AsusTek Computer, Inc. of Taiwan. The companies were alleged to have imposed fixed or minimum online prices for their products.

See more on this strong action by European regulators… [Read more…] about EU Hits Pioneer, D&M, Philips & Asus with Fines for Price Fixing

Filed Under: Crime, Law, News Tagged With: Asus, D&M Holdings, Philips, Pioneer, price fixing

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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