Reed Smith is a dynamic international law firm helping clients move their businesses forward. By delivering smart, creative legal services, we enrich clients' experiences with us and support achievement of their business goals. Our longstanding relationships and collaborative structure enable the speedy resolution of complex disputes, transactions, and regulatory matters.
On December 5, 2018, the French Competition Authority (FCA)
fined six large household appliance manufacturers a total of
€189 million for agreeing on price increases charged to
end-consumers and commercial terms applicable to their kitchen
installers. This is the tenth highest fine imposed for cartel
activities by the FCA since 2000. Members of our EU,
Competition & Regulatory team summarize the case in our recent
client alert.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.