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.

Read more...