Samsung faces lawsuit over accusations of fixing TV prices in Netherlands

Samsung Electronics faces a class action lawsuit from the Dutch Consumer Association and the Consumer Competition Claims Foundation, accusing it of fixing TV prices between 2013 and 2018

The two consumer rights groups claim that,Samsung allegedly pressured Dutch retailers not to sell Samsung TVs below specified prices. Samsung is also reportedly actively monitoring Dutch retailers' compliance with these price regulations.

According to a report by the Consumer Association, Samsung’s pricing strategy caused Dutch consumers to spend an average of 100 euros (approximately 782 yuan) more when buying TVs between 2013 and 2018.

It is worth noting that consumers may be affected even if they purchase TVs of other brands. The association said other TV manufacturers may have followed Samsung's pricing strategy and raised the prices of their TVs.

The Dutch Consumer Association and the Consumer Competition Claims Foundation are calling on consumers who purchased TVs through Dutch online stores between January 2013 and December 2018 to join a class action lawsuit against Samsung. and other brands it affects will be compensated

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