EU Inspects Electronic Manufacturers and Distributors Due To Suspicions of Online Price Manipulation

The European Commission announced that it made several unannounced inspections at several companies active in the manufacture, distribution, and retail of consumer electronics throughout the European Union.  Although the Commission did not publicly disclose the names of the companies, according to the Associated Press, the companies include Samsung Group, Royal Phillips NV, and Media-Saturn-Holding GmbH.  The EC said that the inspections came in response to suspicions that the companies violated EU antitrust rules by manipulating the online prices of some electronics and domestic appliances.  Although the inspections do not mean that the companies are guilty of anti-competitive behavior, these inspections are a preliminary step into suspected anti-competitive practices, according to the commission.

One Comment