Samsung fined $47 mln for price fixing in Netherlands
The Hindu
Samsung also reached out to retailers if their competitors complained about TVs being sold too cheap, documents obtained by the regulator showed.
Electronics maker Samsung has been fined 40 million euros ($46.9 million) for price fixing in the Netherlands, Dutch competition watchdog ACM said on Wednesday.
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The market regulator said Samsung had pushed up the prices of its televisions in the Netherlands for years, by constantly urging retailers to raise their prices if they were selling them below Samsung's preferred market rate.
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