Four technology manufacturers fined for price controls – European Commission – News of the World. Latest news from Russia, news from USA, news from Europe.



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The European Commission fined four consumer electronics manufacturers for more than 111 million euros – Asus, Denon & Marantz, Philips and Pioneer. Manufacturers are accused of violating antitrust laws of the EU, according to the press service of the EC

As the investigation revealed, manufacturers have imposed penalties on online stores if the technology was sold cheaper than expected by the suppliers. laptops and displays in online stores in Germany and France from 2011 to 2014. Denon & Marantz from 2011 to 2015 held the awards for headphones and speakers in Germany and the Netherlands, and Philips – 39 consumer electronics sold in France between late 2011 and 2013. Pioneer did the same in 12 European countries between early 2011 and late 2013.

"Thanks to the actions of these four companies, millions of European consumers have paid higher for household appliances, dryers, laptops, headphones and many other products.In particular, Asus (China) has been fined 63.5 million euros, Denon & Marantz (Japan) – 7.7 million, Philips (Netherlands) – was fined by the European Commission for 29.8 million euros and Pioneer (Japan) – 10.1 million euros 39 euros

Read also: The EU has canceled internal mobile roaming

Earlier, the European Commission imposed a fine of $ 4.3 billion ($ 5 billion) on Google for violations of antitrust laws.

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