Fine of €45,000 imposed on EMC2 (SIRET number: 430 254 813 00032)
The French Competition Authority has fined EMC2 €45,000 for failing to comply with a decision ordering it to cease certain practices.
EMC2 is a company that sells electronic components and equipment. In 2016, the Competition Authority found that EMC2 had engaged in anti-competitive practices, including:
- Fixing prices with its competitors
- Dividing the market with its competitors
- Boycotting certain customers
The Competition Authority ordered EMC2 to cease these practices. However, EMC2 failed to comply with the order.
As a result of EMC2’s failure to comply, the Competition Authority has imposed a fine of €45,000.
Details of the fine
The fine of €45,000 is composed of:
- A base fine of €30,000
- An aggravating factor of €15,000 due to EMC2’s repeated failure to comply with the Competition Authority’s order
Impact of the fine
The fine is a significant penalty for EMC2. It is likely to have a negative impact on the company’s financial performance and reputation.
The fine also sends a strong message to other companies that they must comply with the Competition Authority’s orders. If they fail to do so, they risk being fined heavily.
Conclusion
The Competition Authority’s fine against EMC2 is a reminder that companies must comply with competition law. If they fail to do so, they risk being fined heavily.
Amende de 45 000 € prononcée à l’encontre de la société EMC2 (numéro de SIRET : 430 254 813 00032)
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