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Koninklijke Philips N.V.

Koninklijke Philips N.V.

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Publicatie datum 05 dec 2012 - 12:09
Statutaire naam Koninklijke Philips N.V.
Titel Philips responds to European Commission statement following investigation in CRT industry
Bericht Amsterdam, the Netherlands – Royal Philips Electronics (NYSE: PHG, AEX: PHIA) today announced that it received a fine of EUR 313 million from the European Commission following an investigation into alleged violation of competition rules in the Cathode-Ray Tubes (CRT) industry. The fine is payable within three months. In addition, the European Commission has ordered Philips and LG Electronics to be jointly and severally liable to pay a fine of EUR 392 million for an alleged violation of competition rules by LG.Philips Displays (‘LPD’), a 50/50 joint venture.