300,000 € fine imposed on the company DESCOURS ET CABAUD Rhône-Alpes-Auvergne (SIRET number: 424 821 221 00282)
The French Competition Authority has imposed a fine of €300,000 on the company DESCOURS ET CABAUD Rhône-Alpes-Auvergne for anti-competitive practices in the distribution of sanitary and heating equipment.
The investigation revealed that the company had implemented a system of resale price maintenance, whereby it imposed minimum resale prices on its distributors.
This practice is prohibited under Article L442-6 of the French Commercial Code, which prohibits agreements or concerted practices that have as their object or effect the prevention, restriction or distortion of competition.
The Competition Authority found that DESCOURS ET CABAUD Rhône-Alpes-Auvergne had implemented this system in order to maintain its market share and to prevent its distributors from competing on price.
The fine imposed on DESCOURS ET CABAUD Rhône-Alpes-Auvergne is a reminder to companies that anti-competitive practices will not be tolerated and that they will be punished accordingly.
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