Hexbyte  Hacker News  Computers EU fines Asus, Denon & Marantz, Philips and Pioneer $130M for online price fixing

Hexbyte Hacker News Computers EU fines Asus, Denon & Marantz, Philips and Pioneer $130M for online price fixing

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The European Union’s antitrust authorities have issued a series of penalties, fining consumer electronics companies Asus, Denon & Marantz, Philips and Pioneer more than €110 million (~$130M) in four separate decisions for imposing fixed or minimum resale prices on their online retailers in breach of EU competition rules. It says the four companies engaged in so-called “fixed…