Schneider Electric SE Rotten Score Breakdown

On 29 October 2024, the French Competition Authority found that Schneider Electric had entered a vertical agreement with distributors concerning resale prices from December 2012 through September 2018 and imposed a €207 million fine. The authority described the arrangement as restricting distributors' pricing freedom. Schneider Electric publicly disputed the decision and announced an appeal, so this record is marked unresolved and does not present the administrative decision as finally unappealable. Primary sources: https://www.autoritedelaconcurrence.fr/en/press-release/electrical-equipment-autorite-imposes-fines-eu470-million-manufacturers-schneider and https://www.autoritedelaconcurrence.fr/fr/decision/relative-des-pratiques-mises-en-oeuvre-dans-le-secteur-du-materiel-electrique-basse