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Samsung has been fined $ 47 million for raising the price of its TVs in the Netherlands

According to Reuters, Samsung allegedly committed an illegal act in the Netherlands, for which it was fined $ 47 million. Samsung is currently the largest phone maker in the world, but that does not mean that the Korean company is not doing something illegal, as according to a recent report, the company is apparently colluding in Pricing in the Netherlands was fined 40 million euros (US $ 46.9 million). Forces them to raise prices if their sales are not as high as Samsung envisions. This is definitely not something we expect from European governments to go unanswered, and it seems that Samsung was lucky not to be fined more than that.

, Weakened competition between the seven online e-shops, which are in fact the largest organizations of its kind, as the Korean company apparently told retailers that by doing so, other competitors would follow the same pricing policy. Samsung would also help competitors if retailers complained about the low selling price of TVs. Increased for customers. But all of these allegations came as Samsung claimed it would object to the fine because it did not make such recommendations to retailers at all, and retailers always had sufficient discretion to impose prices, and Samsung did not intervene./p>

However, the Dutch market regulator believes that Samsung should have known that what it is doing has gone beyond normal and in fact has led to a price increase.

Source: Reuters

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