Requests for comments from Electrolux
Posted: Mon Dec 23, 2024 6:26 am
Per Reuters, Electrolux acknowledged the ongoing inquiry earlier and disclosed its potential implications. Ten out of the twelve implicated companies reportedly did not contest the accusations presented by the authority. Related: Electrolux Settles French Antitrust Case For $60M Groupe SEB, the owner of Tefal and Rowenta brands, received the largest fine of €189.5 million. Unlike most of the companies involved, Groupe SEB denied the allegations and stated its intention to appeal the ruling. Meanwhile, French retailer Fnac Darty, penalized with a €109 million fine, accepted the decision and announced plans to settle the payment in 2025 through short-term financing.
Whirlpool, and LG went unanswered as of poland phone number directory Thursday, Reuters reported. Source: Reuters Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe By CPI | December 19, 2024 The offices of prominent alcohol producers Pernod Ricard and Anheuser-Busch InBev (AB InBev) were targeted in surprise antitrust raids by India’s Competition Commission of India (CCI) as part of an investigation into alleged price collusion with retailers in Telangana, according to sources familiar with the matter.
The unannounced actions, carried out on Wednesday, represent one of the most significant antitrust crackdowns in the beverage industry in recent years. The raids took place in Hyderabad and involved local retailers in Telangana, as per multiple sources who declined to be named due to the confidentiality of the ongoing investigation. The CCI has stringent rules to keep details of its probes confidential until cases reach a conclusion. In a statement, AB InBev, known for its Budweiser beer, emphasized its commitment to compliance.
Whirlpool, and LG went unanswered as of poland phone number directory Thursday, Reuters reported. Source: Reuters Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe By CPI | December 19, 2024 The offices of prominent alcohol producers Pernod Ricard and Anheuser-Busch InBev (AB InBev) were targeted in surprise antitrust raids by India’s Competition Commission of India (CCI) as part of an investigation into alleged price collusion with retailers in Telangana, according to sources familiar with the matter.
The unannounced actions, carried out on Wednesday, represent one of the most significant antitrust crackdowns in the beverage industry in recent years. The raids took place in Hyderabad and involved local retailers in Telangana, as per multiple sources who declined to be named due to the confidentiality of the ongoing investigation. The CCI has stringent rules to keep details of its probes confidential until cases reach a conclusion. In a statement, AB InBev, known for its Budweiser beer, emphasized its commitment to compliance.