By Samuel R Beighton
On 24 July 2018, the European Commission (the “Commission”) announced that in four separate cases it had fined four manufacturers a total of more than €111 million for infringements of Article 101 of the Treaty of the Functioning of the European Union (TFEU) in relation to pricing restrictions imposed upon retailers.
While the Commission’s infringement decisions are yet to be published, the Commission’s press release provides that, during a range of periods from 2011 to 2015, each of the four manufacturers independently placed pressure upon retailers to set higher prices online.
