Samsung and Philips raided by European antitrust authorities

The European Commission said that, on December 3, it carried out unannounced inspections of electronics firms in several European Union countries, with the targets being companies that “may have put in place restrictions on online sales of consumer electronic products and small domestic appliances.”

Samsung and Philips said they were among those targeted in the raids. The companies said they were cooperating with the EU antitrust regulators. The Commission states that it was concerned that the companies involved “may have violated EU antitrust rules that prohibit anticompetitive agreements or concerted practices (Article 101 of the Treaty on the Functioning of the European Union).”