On 24th July 2018, the European Commission (EC) issued four decisions fining Asus, Philips, Denon & Marantz and Pioneer, for a total of 111 million EUR, for fixing or establishing minimum resale prices on online retailers, a commercial practice also known as resale price maintenance (RPM).

According to the EC, such RPM practices restricted online retailers’ ability to set their own retail prices for widely used consumer electronics product infringing EU competition rules.

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