The European Commission just announced it’s fining four consumer electronics manufacturers a total of €111 million for fixing online resale prices. The four companies — Philips, Pioneer, ASUS, and Denon & Marantz — all had their fines reduced due to cooperation with the EU. We are fining Asus, Denon & Marantz, Philips and Pioneer over €111 million for breaching EU antitrust rules. The four consumer electronics manufacturers imposed fixed or minimum resale prices on their online retailers → https://t.co/ufBNPCL6T0 pic.twitter.com/3rWUrvYMck — European Commission 🇪🇺 (@EU_Commission) July 24, 2018 EU Commissioner Margrethe Vestager — who made the headlines earlier this month…

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