Altex Romania fined RON 21.38 million in electronics resale-price fixing case
Company: Altex România S.R.L.
Summary
Romania's Competition Council sanctioned Altex Romania, Dante International, Flanco Retail and Samsung Electronics Romania and Bulgaria for an anticompetitive agreement affecting televisions and mobile phones during 2019-2021. The authority said resale prices were fixed between Samsung and each retail partner, restricting independent retail pricing. Altex Romania received a RON 21,376,113 fine. Source: https://agerpres.ro/economic/2024/02/08/consiliul-concurentei-a-amendat-cu-123-milioane-de-lei-patru-companii-din-retailul-electro-it--1245657