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K+B Progres fined in Czech Republic for dictating resale prices

( November 12, 2025, 08:56 GMT | Official Statement) -- MLex Summary: Europe’s leading electronics distributor K+B Progres has been fined more than 9.9 million Czech Koruna ($472,188) for forcing its resellers to stick to minimum prices in breach of competition rules, the national antitrust authority said this week. The conduct, which lasted between 2018 and June 2023, distorted competition in the markets for small and large domestic appliances and consumer electronics in the country, the watchdog said. The statement follows (in Czech). ...

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