The EU Commission fines consumer electronics manufacturers €111 Million for online pricing restrictions (Asus / Denon / Marantz / Philips / Pioneer)

European Commission Fines Consumer Electronics Manufacturers €111 Million for Online Pricing Restrictions* On 24 July 2018, the European Commission announced that it had fined four consumer electronics manufacturers – Asus, Denon & Marantz, Philips and Pioneer – a total of €111 million (c.$126 million) for imposing fixed or minimum resale prices (resale price maintenance or RPM) on European retailers in breach of EU competition law. In addition, the Commission ruled that Pioneer unlawfully limited cross-border sales. While these decisions reflect long-standing hostility in EU competition law to the imposition of RPM and territorial restrictions in distribution agreements, they are significant as this is the first time that the Commission has imposed fines for such practices since

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Becket McGrath, The EU Commission fines consumer electronics manufacturers €111 Million for online pricing restrictions (Asus / Denon / Marantz / Philips / Pioneer), 24 July 2018, e-Competitions Bulletin July 2018, Art. N° 88755

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