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The European Commission announced the four fines in a press release, although the four companies did not act together. Asus, Philips, Pioneer and Denon & Marantz have been found guilty of interfering with electronic trading platforms in setting prices or setting minimum prices for their products. The European Union's regulatory authorities investigated for 17 months how 15 companies in the consumer electronics, gaming and video sectors were interviewed for a total of 111 million d & # 39; euros.
Negotiated online merchants. In the present case, it was concluded that these four companies restricted the freedom of merchants to set prices for household appliances, laptops and high fidelity products.
EU Commissioner Margrethe Vestager explains in a statement that "as a result of the actions taken by these four companies, millions of European consumers have paid higher prices for appliances, tumble dryers, mobile phones, headsets and many more. other products. "
The" cake "of 111.2 million was divided as follows: Asus fined 63.5 million Philips to 29.8 million, Pioneer to 10.2 million and D & M to 7 , 7 million. The four companies are known to have pleaded guilty, reducing fines by 40 to 50%.
It is known that the EC is also investigating Valve Corp., Bandai, Capcom, Koch Media and ZeniMax. on impeachment charges due to the location of the user or country of residence.
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