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The electronics companies Philips, Asus, Pioneer and Denon & Marantz are receiving e – commerce – related fines totaling 111.2 million euros from the EU. He reports to Reuters.
He was fined for introducing fixed or minimum prices online for his products, including kitchen appliances, laptops and audio products.
price restrictions based on customer location or nationality.
Asus received the majority of the fine up to 63.5 million euros, followed by Philips a fine of 29.8 million euros.
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