July 31, 2018
On 24th July 2018, the European Commission (EC) issued four decisions fining Asus, Philips, Denon & Marantz and
Pioneer, for a total of 111 million EUR, for fixing or establishing minimum resale prices on online retailers, a commercial
practice also known as resale price maintenance (RPM).
According to the EC, such RPM practices restricted online retailers’ ability to set their own retail prices for widely used
consumer electronics product infringing EU competition rules.