(Adds quote in paragraph 2, reactions in 4-5)
PARIS, Dec 19 (Reuters) - France's antitrust agency has fined 12 household appliance makers and distributors, including Electrolux , Whirlpool and LG , a total of 611 million euros ($635 million) for price fixing between 2007 and 2014.
"These practices reduced competition between distributors and kept prices artificially high for end consumers," the competition authority said on Thursday.
Ten of the 12 companies did not contest the facts alleged.
Groupe SEB , which owns the Tefal and Rowenta brands and received the largest fine of 189.5 million euros, denied the accusations and said it planned to appeal against the ruling.
French retailer Fnac Darty , which was fined 109 million euros, acknowledged the decision and said it would settle the transaction in 2025, using short-term financing.
Representatives for Electrolux, Whirlpool and LG did not immediately respond to requests for comment.
($1 = 0.9625 euros)
(Reporting by Makini Brice and Alban Kacher. Editing by Benoit Van Overstraeten and Mark Potter)
((M.Brice@thomsonreuters.com;))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。