Rus News Journal

Manufacturers of electronics have fined on 1,5 mlrd euro

Eurocommission (EK) has fined six large manufacturers of electronics for the record sum in 1,47 mlrd euro for participation at least in one kartelnom arrangement, it is told in message EK.
the Penalty is imposed on South Korean LG Electronics and Samsung, Netherlands Philips, Japanese Toshiba and Panasonic (including its affiliated company MTPD) and French Technicolor (were Thomson).
During the period with 1996. On 2006. Two operated kartelnyh arrangement: in the market of colour TV screens with elektronno - a beam tube (CRT - screens) and in the market computer CRT - monitors. It follows from the investigation spent by Eurocommission.
in both arrangements participated LG Electronics, Philips and Samsung while Panasonic, Toshiba and Technicolor have been convicted in kartelnom the arrangement concerning only of TV screens.
In turn, the Taiwan company Chunghwa Picture Tubes also participated in both arrangements, however has received immunity from the penalty as this company has informed EK on their existence.
the largest penalty will pay Philips - 313,4 million euro. LG Electronics will pay 295,6 million euro, Panasonic - 157,5 million euro, Samsung - 150,8 million euro, Toshiba - 28 million euro, and Technicolor - 38,6 million euro. And EK has reduced penalties to all listed companies for a cooperation with the investigation.
throughout 10 years of the company used mechanisms of blasting of a free competition, such as price arrangement, section of the markets and distribution among themselves clients, an exchange of the confidential commercial information, and also a manipulation in volumes of deliveries to the market, follows from investigation materials. Besides, participants of arrangements watched observance similar exclusive an expert: Specially visited the factories to be convinced of manufacture of strictly limited volumes of production.