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Old 12-06-2013, 11:43 AM   #1
fjtorres
Grand Sorcerer
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EU inspectors raid Samsung, Philips, et al

http://news.cnet.com/8301-1001_3-576...ilips-samsung/

Quote:
Samsung, Philips, and Europe's largest electronics retailer Media-Saturn were raided by European Union competition officials earlier this week, the companies have confirmed.
All three companies told Reuters that their offices were hit by Europe's competition watchdogs on Tuesday. The companies didn't say what officials were looking for during the unannounced inspections, but in a statement on Thursday, the European Commission said that it's investigating several consumer electronics companies on suspicious of collusion to drive prices higher.
These kinds of raids don't always result in legal action, but in this case...

Quote:
Samsung went under the EU's regulatory microscope in January 2012 after its many lawsuits and injunction requests against Apple products claimed the iPhone maker violated its standard-essential patents. By December of last year, the European Union's Competition Commissioner, Joaquin Almunia, said that Samsung's lawsuits were in violation of anticompetition regulations and represented "an abuse of dominant market position."
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