On December 19, the Autorité de la concurrence announced significant penalties in the household appliances sector. A total of €611 million has been levied against 12 companies involved in vertical price agreements aimed at maintaining inflated sales prices. Key Highlights: - The fines target agreements spanning from February 2007 to December 2014. - Manufacturers and distributors included are BSH, Candy Hoover, Eberhardt, Electrolux, Whirlpool (successor to Indesit), LG, Miele, SEB, Smeg, Boulanger, and Darty. - The agreements were primarily designed to counter the competition from emerging online distributors. For more updates on anti-competition , follow Global Regulatory Insights. #RegulatoryNews #PriceFixing #HouseholdAppliances #CompetitionLaw #GlobalRegulatoryInsights
