ACM investigates price agreements

Dec

27

2018

between manufacturers and retailers of consumer goods
Netherlands Authority for Consumers and Markets has started an investigation into alleged price agreements between manufacturers, shops and online stores that offer consumer goods. The ACM has done raids for several companies.

There have been raids on both shops and manufacturers in the Netherlands. The ACM also informed the European Commission, spokesperson Murco Mijnlieff told Tweakers. In the announcement of the ACM is only that the watchdog suspects that ‘some manufacturers of consumer goods’ try to make agreements about minimum prices with retailers.

The Consumer Authority does not want to say what type of consumer goods it is and can not confirm or deny that it relates to electronic products. The ACM does not want to provide details because this could endanger the investigation. For that reason, the ACM also does not make it known to which companies raids have been made.

After the investigation, the ACM will publish its findings. If evidence is found of illegal price fixing, the authority can impose fines. It is not the expectation that more research will be available in the short term and the outcome will probably take a long time to come. Mijnlieff tells Tweakers that the research can take one or two years.

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