Monday, April 21, 2014
Search
  
Friday, December 06, 2013
 EU Raids Samung, Philips In Antitrust Probe
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: The European Union's antitrust authorities said on Thursday they had raided a number of companies that manufacture, distribute and retail consumer electronic products and small domestic appliances.

Among those raided was Philips NV, Samsung Electronics and Media-Saturn, Europe's largest chain of consumer electronics stores.

"The Commission has concerns that the companies concerned may have violated EU antitrust rules that prohibit anticompetitive agreements or concerted practices," it said in a statement, without providing additional information.

The companies are were visited by European Commission officers on suspicion of breaking competition rules. The EC examines whether the compnaies worked together to limit the online sales of some goods in order to drive up prices.

All three companies said they were cooperating with the EU authorities.

The Commission's investigation is at a preliminary stage and may never lead to charges.


 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .