Bundeskartellamt imposes fine against Fritz brand products manufacturer AVM
The Bundeskartellamt fined AVM Computersysteme Vertriebs GmbH 16 million euros for vertical price fixing with retailers, violating price competition rules. AVM employees coordinated prices with retailers to increase prices.
Read original article
The Bundeskartellamt has fined AVM Computersysteme Vertriebs GmbH, a German company known for its "FRITZ!" brand products, nearly 16 million euros for vertical price fixing with six electronics retailers. The investigation was initiated following anonymous tip-offs and a subsequent dawn raid in February 2022. AVM employees were found to have coordinated end consumer prices with retailers, aiming to restrict price competition and increase prices. The Bundeskartellamt accused AVM of hindering the free formation of prices and violating the prohibition of resale price maintenance. AVM employees monitored retailers' prices and demanded minimum sales prices, leading to price increases. The fines were imposed to deter such violations, with the Bundeskartellamt emphasizing that such practices will not be tolerated. The fines were finalized, and no penalties were imposed on the retailers. A case summary will be published on the Bundeskartellamt's website in accordance with the German Competition Act.
Related
European Union regulators accuse Apple of breaching the bloc's tech rules
EU accuses Apple of Digital Markets Act violations for restricting App Store alternatives and charging high developer fees. New probe initiated on contractual terms. Apple defends changes, faces potential fines up to 10%.
Apple found in breach of EU competition rules
Apple breached EU competition rules by not complying with the Digital Markets Act, hindering app developers from directing consumers to alternative channels. The company faces fines if not compliant within 12 months.
EU Accuses Apple App Store Steering Rules of Violating DMA, Opens Investigation
The European Commission accuses Apple of Digital Markets Act violations related to App Store policies, anti-steering rules, and excessive fees. Apple claims compliance with the law. Investigation ongoing, potential fines pending.
Apple is first company charged with violating EU's DMA rules
Apple is the first company charged under the EU's Digital Markets Act for App Store policies hindering competition. Investigations focus on fees, alternative app stores, and compliance changes. EU aims to prevent anti-competitive practices.
Microsoft charged with EU antitrust violations for bundling Teams
EU charges Microsoft with antitrust violations for bundling Teams with Office 365. This is the first such case in 15 years. Microsoft faces fines and potential changes to its software products.
6 comments"In case of raids, cooperate with the police, do not throw away documents or break any device", which always seemed funny to me, as there was probably an incident that happened that lead to them putting this so often in the office.
Germany & it's economy is just a mere shell of what it was. Their right extremists & nazis gain more acceptance & influence everyday. While the economy seems to be hopeless.
Let's just hope this doesn't end up like last time.
Related
European Union regulators accuse Apple of breaching the bloc's tech rules
EU accuses Apple of Digital Markets Act violations for restricting App Store alternatives and charging high developer fees. New probe initiated on contractual terms. Apple defends changes, faces potential fines up to 10%.
Apple found in breach of EU competition rules
Apple breached EU competition rules by not complying with the Digital Markets Act, hindering app developers from directing consumers to alternative channels. The company faces fines if not compliant within 12 months.
EU Accuses Apple App Store Steering Rules of Violating DMA, Opens Investigation
The European Commission accuses Apple of Digital Markets Act violations related to App Store policies, anti-steering rules, and excessive fees. Apple claims compliance with the law. Investigation ongoing, potential fines pending.
Apple is first company charged with violating EU's DMA rules
Apple is the first company charged under the EU's Digital Markets Act for App Store policies hindering competition. Investigations focus on fees, alternative app stores, and compliance changes. EU aims to prevent anti-competitive practices.
Microsoft charged with EU antitrust violations for bundling Teams
EU charges Microsoft with antitrust violations for bundling Teams with Office 365. This is the first such case in 15 years. Microsoft faces fines and potential changes to its software products.