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    1. Home
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    3. >France fines Electrolux $46 million in 2009-2014 antitrust case
    Finance

    France Fines Electrolux $46 Million in 2009-2014 Antitrust Case

    Published by Global Banking & Finance Review®

    Posted on December 19, 2024

    1 min read

    Last updated: January 27, 2026

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    This image illustrates the newly unveiled French government, led by Prime Minister Francois Bayrou, as they tackle the upcoming budget crisis and political pressures. Key figures, including Finance Minister Eric Lombard, are pivotal in addressing France's financial stability.
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    Quick Summary

    Electrolux was fined €44.5 million by the French Competition Authority for antitrust violations between 2009 and 2014, covered by a 2023 provision.

    Electrolux Penalized €44.5M in French Antitrust Case

    STOCKHOLM (Reuters) - Electrolux said on Thursday it had been fined 44.5 million euros ($46.3 million) by the French Competition Authority in an antitrust case, and that the sum was covered by an accounting provision it made in 2023.

    The previously announced investigation was into alleged breaches of antitrust rules in France by the Swedish appliances maker and peers between 2009 and 2014, Electrolux said in a statement.

    ($1 = 0.9617 euros)

    (Reporting by Anna Ringstrom, editing by Terje Solsvik)

    Key Takeaways

    • •Electrolux fined €44.5 million by French Competition Authority.
    • •The case involves antitrust breaches between 2009 and 2014.
    • •The fine was covered by a 2023 accounting provision.
    • •Electrolux is a Swedish appliances maker.
    • •The investigation was previously announced.

    Frequently Asked Questions about France fines Electrolux $46 million in 2009-2014 antitrust case

    1What is the main topic?

    The main topic is Electrolux being fined €44.5 million by the French Competition Authority for antitrust violations between 2009 and 2014.

    2What was the fine amount?

    Electrolux was fined €44.5 million, equivalent to $46.3 million.

    3Why was Electrolux fined?

    Electrolux was fined for alleged breaches of antitrust rules in France from 2009 to 2014.

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