French antitrust agency fines 12 household appliance companies €611 mln for price-fixing

LG

19/12/2024 08:03

PARIS, Dec 19 (Reuters) - The French antitrust authority
said on Thursday that it had fined 12 household appliance makers
and distributors, including Electrolux  ELUXb.ST , Whirlpool
 WHR.N  and LG  003550.KS , 611 million euros ($634.83 million)
for price-fixing between 2007 and 2014.
    Ten of the 12 companies did not contest the facts alleged.
Representatives for Electrolux, Whirlpool and LG did not
immediately respond to requests for comment.

($1 = 0.9625 euros)

 (Reporting by Makini Brice; Editing by Benoit Van Overstraeten)
 ((M.Brice@thomsonreuters.com;))