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Schneider, Legrand and Rexel suspected of price fixing

2022-07-06T15:05:20.381Z

The French electricity sector is called into question by the Competition Authority. It is the French electricity sector as a whole that has been called into question by the Competition Authority. Monday, July 4, a “notification of grievances” was sent to four companies, including Schneider Electric, Legrand and Rexel named by the Authority, for suspicions of an agreement on prices between manufacturers and their distributors in France. This is what the competition police explain



It is the French electricity sector as a whole that has been called into question by the Competition Authority.

Monday, July 4, a

“notification of grievances”

was sent to four companies, including Schneider Electric, Legrand and Rexel named by the Authority, for suspicions of an agreement on prices between manufacturers and their distributors in France.

This is what the competition police explained on Wednesday July 6, revealing that an investigation had been opened in 2018, following a report from the French Anti-Corruption Agency and an article published in

Mediapart

, dated April 2018. The online media accused Schneider, Legrand, Rexel but also Sonepar, the French number one in electrical distribution, of having

"put in place a hidden price agreement mechanism"

.

The competition policeman, however, did not give the name of the fourth company targeted, even if it specified that it was a distributor, arguing that it was not…

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Source: lefigaro

All business articles on 2022-07-06

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