PolicyPulse.pro
a black and white chessboard with a white king and a black queen clashing and flying
Fatima Shahid

UOKiK Investigates Xiaomi for Anticompetitive Practices

27.05.2024 | Polish competition authority

The President of the Polish Office of Competition and Consumer Protection (UOKiK) has initiated an investigative procedure regarding potential anticompetitive practices in the sale of Xiaomi products, with raids conducted at the company's premises.


The President of UOKiK, Tomasz Chróstny, revealed concerns about possible price-fixing agreements involving Xiaomi's Mi, Redmi, Redmi Note, and POCO devices. The investigation includes raids at Xiaomi Poland and two distributors, focusing on suspected illegal price coordination in consumer electronics, home appliances, and smart products. If evidence confirms the suspicions, formal antitrust proceedings may follow, potentially leading to financial penalties of up to 10% of the company's turnover. The leniency program offers a chance for involved parties to reduce or avoid fines by cooperating with UOKiK as witnesses and providing evidence of the anticompetitive behavior.

Consult source

Terms of Service | Refund Policy | Privacy Policy | Coverage
LinkedInFollow us on LinkedIn

© 2024 PolicyPulse. All rights reserved.

See something you like or don't like? Let us know!