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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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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

What 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.
What was the fine amount?
Electrolux was fined €44.5 million, equivalent to $46.3 million.
Why was Electrolux fined?
Electrolux was fined for alleged breaches of antitrust rules in France from 2009 to 2014.

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