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ASUS, among those accused of price manipulation

ASUS, among those accused of price manipulation

In one of several antitrust investigations released today, the European Commission has begun to publish evidence that points directly and clearly to which technology brands such as ASUS, Denon and Marantz, Philips and Pioneer could be charged with the suspicious manipulation of Prices of your products.

As the press release progresses, the Commission states that companies may have broken competition rules by preventing retailers in Europe working on the Internet from being free to set their own prices for products of these brands. , including appliances, laptops and high fidelity equipment. These companies are also accused of potentially influencing price tags on a broader scale, as many retailers use software that automatically changes the price of the product based on what competitors are offering.

The European Commission has also decided not to share more information about the investigations at this time. However, for a large company such as Philips at least, it has not been an unexpected event. A spokesman for the company said that in a preliminary investigation on the alleged price restrictions it was found that the period of alleged irregularities began in 2013 and “we have since remained open to cooperate fully with the European Commission”, especially now that it becomes A more formal investigation. We have made contact with all the other companies named in the report to assist in the antitrust investigation and more information will be given when we receive a response.

On the other hand, ASUS has published a brief statement, as it usually does on the Taiwan Stock Exchange: "We are actively collaborating with the authorities in the investigation and cannot comment on the matter as it progresses."

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