ECULLY, France – Groupe SEB acknowledges the press release published by the French Competition Authority on December 19, 2024, with respect to an inquiry launched in October 2013, into France’s domestic appliance manufacturing and distribution sector.
The French Competition Authority has penalized a number of domestic appliance manufacturers and distributors.
The Authority imposed to Groupe SEB France and Groupe SEB Retailing a fine of € 189,5 million for allegedly imposing fixed selling prices to its distributors during the 2008-2013 period.
However, the Authority ruled out the existence of a horizontal agreement regarding statistical information that is shared through a trade association.
Groupe SEB has always acted in its customers’ best interests and for the benefit of French consumers, in strict compliance with the regulations in force.
Groupe SEB therefore categorically refutes the French Competition Authority’s findings brought against the Group and denies all allegations that its practices have not complied comply with competition rules.
Groupe SEB will take note of the Authority’s ruling and will lodge an appeal to the Paris Court of Appeals, confident in its ability to prove that the Authority’s ruling has no legal or factual validity.
Groupe SEB reaffirms its strong commitment to strictly observing the law, and particularly competition laws.
