The EU imposed a fine of 502 million yuan on Asus, and the ASUS Q1 financial report has recognized the fine.

According to the micro-network news, the EU anti-monopoly agency officially announced the results of the 'restricted resale price investigation' yesterday, which will impose a fine of 63.5 million euros (about 502 million yuan) on ASUS.

It is reported that the EU anti-monopoly agency has imposed a total of 111 million euros (about 878 million yuan) on four consumer electronics companies including Asus, Denon Marantz, Philips and Pioneer.

Asustek has pre-recognised the relevant settlement funds in the first quarter of this year's earnings report, and compared to the highest penalty that the outside world is worried about, ASUS's actual settlement amount has minimized the damage.

In February 2017, the EU announced an investigation into ASUS due to suspected monopoly. Margrethe Vestager, a member of the European Commission who is in charge of corporate competition policy, said that three investigations conducted by the Executive Committee found that some electronic consumer products Manufacturers and video game makers and hoteliers are trying to ignore consumer rights.

She said that the EU is investigating four consumer electronics manufacturers, including ASUS, Denon & Marantz, Philips and Pioneer, by limiting online retailers to home appliances, laptops and Audio and other pricing.

In this regard, Asus said that Asus has always attached importance to compliance, and this EU survey will cooperate with the investigation.

It is worth mentioning that Vestazh has the title of 'Danish Iron Maiden'. The EU spent three years investigating before deciding that Apple illegally accepted the Irish subsidy.

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