Philips, Asus, two other companies fined 111 million euros for price fixing

Philips (PHG.AS), Pioneer (6773.T), Asus (2357.TW) and Denon & Marantz on Tuesday have been fined 111.2 million euros ($130.1 million) European Union antitrust regulators for fixing online resale prices, Reuters reported. The European Commission opened an investigation into the four companies in February last year as part of its crackdown against curbs on online sales […]