Koninklijke Philips N.V.
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Publicatie datum
26 nov 2009 - 08:31
Statutaire naam
Koninklijke Philips N.V.
Titel
Philips has received statement of objections from the European Commission related to an alleged violation of competition rules in the CRT industry
Bericht
November 26, 2009
PHILIPS HAS RECEIVED STATEMENT OF OBJECTIONS FROM THE EUROPEAN COMMISSION RELATED TO AN ALLEGED VIOLATION OF COMPETITION RULES IN THE CRT INDUSTRY
Amsterdam, The Netherlands – As previously disclosed, Royal Philips Electronics (AEX: PHI, NYSE: PHG) has been involved in investigations for alleged violation of competition rules in the Cathode-Ray Tubes, or CRT, industry. Philips today announced it has received a statement of objections from the European Commission on this matter.
Philips will study the statement of objections in detail and will prepare its response.
Philips’ policy is to conduct business in full compliance with all applicable competition laws. Philips takes the investigations into possible violations of these laws very seriously. The company intends to continue assisting the regulatory authorities in these investigations. Philips is not in a position to predict or comment on their outcome.
Information on this and other pending legal proceedings can be found in the contingent liabilities section of the latest annual report, issued February 23, 2009, updated as applicable in the semi-annual report issued on July 13, 2009.
For more information, please contact:
Joon Knapen
Philips Corporate Communications
Tel: +31 20 59 77477
Email: joon.knapen@philips.com
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs more than 118,000 employees in more than 60 countries worldwide. With sales of EUR 26 billion in 2008, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient light
Datum laatste update: 19 december 2025