Brief: French Competition Authority Fines Groupe SEB EUR 189.5 Mln
19/12/2024 09:05
Dec 19 (Reuters) - SEB SA SEBF.PA :
* FRENCH COMPETITION AUTHORITY INQUIRY
* AUTHORITY IMPOSED TO GROUPE SEB FRANCE AND GROUPE SEB
RETAILING
A FINE OF EUR 189,5 MILLION
* FINE FOR ALLEGEDLY IMPOSING FIXED SELLING PRICES TO ITS
DISTRIBUTORS DURING 2008-2013 PERIOD
* AUTHORITY RULED OUT EXISTENCE OF A HORIZONTAL AGREEMENT
REGARDING STATISTICAL INFORMATION THAT IS SHARED THROUGH A TRADE
ASSOCIATION
* GROUP DENIES ALL ALLEGATIONS THAT ITS PRACTICES HAVE NOT
COMPLIED COMPLY WITH COMPETITION RULES
* WILL LODGE AN APPEAL TO PARIS COURT OF APPEAL
Source text: ID:nBwLfJcXa
Further company coverage: SEBF.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))