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Metro’s Redcoon unit raided as the EU follows up an online-sales probe

March 25, 2015 11:54 AM
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(Bloomberg)—Metro AG’s Redcoon GmbH was raided by European Union antitrust officials in a follow-up probe into suspected online-sales restrictions.

The European Commission said investigators made surprise visits to several companies involved in online sales of consumer electronics and consumer electrical products. The inspections took place on March 10 in more than one EU country.

“The commission has concerns that the companies concerned may have violated EU antitrust rules that prohibit anticompetitive agreements or concerted practices,” spokesman Ricardo Cardoso said in an e-mailed statement.

Samsung Electronics Co., Royal Philips NV and Metro’s Media-Saturn, No. 23 in the Internet Retailer 2014 Europe 500, were raided in December 2013 as part of the same EU investigation. Christoph Penter, a spokesman for Redcoon, said in an email that the company was targeted in the latest round of inspections.

“Redcoon is cooperating completely with the authorities,” Penter said. He declined to provide further information.

 

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