The EU Commission fines consumer electronics’ manufacturers a total of €111 million for resale price maintenance, granting substantial reductions in the fines through the cooperation procedure (Asus / Denon & Marantz / Philips / Pioneer)

According to a press release and statement issued on 24 July 2018, the European Commission has, in four separate decisions, fined consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer a total of €111 million for engaging in resale price maintenance during periods between 2011 and 2015. These decisions mark the first concrete results in a series of Commission investigations involving the application of Article 101 TFEU to resale restrictions in vertical agreements, in particular those involving e-commerce, and underscore the key importance for businesses of ensuring compliance in this field, which is now a clear enforcement priority for the Commission. Proceedings were initiated in relation to alleged anticompetitive practices of the four manufacturers on 2

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The EU Commission fines consumer electronics’ manufacturers a total of €111 million for resale price maintenance, granting substantial reductions in the fines through the cooperation procedure (Asus / Denon & Marantz / Philips / Pioneer), 24 July 2018, e-Competitions Bulletin July 2018, Art. N° 87555

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