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Russian antimonopoly service launches case against retailer over data on LG smartphones

15:57 12/01/2018

MOSCOW, January 12 (RAPSI) – The Federal Antimonopoly Agency (FAS) has launched administrative cases against consumer electronics retailer DNS over withholding of information and provision of contradictory data, the agency’s statement reads on Friday.

According to FAS, the retailer failed to provide information on its employees, as well as sales and purchases of LG smartphones when requested data related to an investigation into a case against Electronic Rus, a subsidiary of LG corporation.

DNS also provided contradictory information as the content of same-themed documents signed by the same people simultaneously holding various offices within DNS differed. Overall, FAS launched 13 administrative cases against DNS managers.

In summer of 2017, the watchdog launched a case against a LG’s subsidiary over alleged price collusion.

According to the FAS statement, the company was monitoring retailers with the use of a special program for the control of prices for certain LG smartphones.

Moreover, the LG subsidiary regularly received reports on prices from retailers, which also used “price robots” for the price control, the watchdog announced.

In February, FAS conducted inspections in the Russian-based offices of LG and Philips companies on suspicion of price collusion during sales of technology. Audits were reportedly carried out in technology companies concerning alleged price fixing since 2016.

FAS also inspected Samsung, Alcatel, Sony, Asus and found no violations of smartphones’ pricing.

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Russian antimonopoly service launches case against retailer over data on LG smartphones

15:57 12/01/2018 The Federal Antimonopoly Agency (FAS) has launched administrative cases against consumer electronics retailer DNS over withholding of information and provision of contradictory data.
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