Countdown

  • SENSEX
    NIFTY 50
Retail

Philips, Asus, Pioneer and D&M hit with e-commerce fines

Updated : July 25, 2018 06:40 AM IST

The investigation, which began in February last year, was one of three that covered a total of 15 companies in the consumer electronics, video game and hotel sectors.
The four companies fined on Tuesday were found to have restricted the ability of online retailers to set their own prices for products such as kitchen appliances, notebook computers and hi-fi products, insisting on fixed or minimum resale prices, the EU said.
Philips, Asus, Pioneer and D&M hit with e-commerce fines
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV