Dutch consumer advocates have sued Samsung for raising TV prices. In 2013-2018, the company forced retailers not to lower prices for TVs below the established minimum, writes SamMobile.

In the Netherlands, Samsung was sued for increasing television prices

For this reason, the company was fined two years ago with more than 39 million euros and now two other consumer rights organizations intend to claim compensation for the victims in court.

The plaintiffs believe the company’s actions resulted in television buyers overpaying by approximately 100 euros per device. This applies not only to Samsung products, but also to electronic products from other brands.

Apparently, other brands also followed Samsung’s strategy and inflated the prices of their televisions.

  • South Korean electronics maker Samsung Electronics’ net profit fell 37.8% in the third quarter compared to the same period last year. It amounted to approximately 4.3 billion dollars,

Author:

Karina Pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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