Episode micro-network reported on July 25
Recently, the EU has successively issued a fine for large companies, this time being four consumer electronics manufacturers.
On Tuesday, the European Union announced that it has imposed fines on four consumer electronics manufacturers. The reason is that these companies manipulate the online pricing of some of their products.
Four companies that were punished, including Asustek Computer Co., Ltd., were fined approximately 25 million euros, Royal Philips Electronics Co., Ltd. was fined 12 million euros, Denon & Marantz was fined approximately 3 million euros, and three companies were fined The amount is 40% lower than the initial amount. Pioneer is fined about 5 million euros, 50% lower than the initial amount.
The European Commission's executive body, the European Commission, said that the amount of fines initially totaled 111 million euros ($130 million), but the amount of fines was lowered due to law enforcement by related companies.
According to the European Commission, the four companies have limited the ability of online retailers to price certain consumer electronics products, and even threatened to stop supplying.
Last week, the EU also issued a maximum fine of 4.34 billion euros in the history of anti-monopoly enforcement against Google; the EU ruled that Google Inc. abused its dominant position in the Android system and asked Google to conduct its 'illegal behavior' within 90 days. Corrected, otherwise an additional fine in days will be calculated based on 5% of the global average daily turnover of its parent company, Alphabet.