EU fines ASUS, Philips, Pioneer, and Denon & Marantz ˆ111M for breaching EU antitrust rules

2018-7-24 18:11

The European Commission just announced it’s fining four consumer electronics manufacturers a total of ˆ111 million for fixing online resale prices. The four companies — Philips, Pioneer, ASUS, and Denon & Marantz — all had their fines reduced due to cooperation with the EU.

We are fining Asus, Denon & Marantz, Philips and Pioneer over (@EU_Commission) July 24, 2018 EU Commissioner Margrethe Vestager — who made the headlines earlier this month…

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