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Reading: State-owned enterprises under investigation | Polish authorities search Xiaomi’s office for suspected anti-competitive behavior – EJ Tech
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State-owned enterprises under investigation | Polish authorities search Xiaomi’s office for suspected anti-competitive behavior – EJ Tech

Broadcast United News Desk
State-owned enterprises under investigation | Polish authorities search Xiaomi’s office for suspected anti-competitive behavior – EJ Tech

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Poland’s antitrust agency UOKiK issued a statement saying that they have launched an investigation into potential anti-competitive behavior involving Xiaomi’s sales of devices in Poland.

UOKiK officials, assisted by police, raided the offices of Xiaomi and two of its distributors in Poland; the anti-competitive behavior may involve illegal price fixing of consumer electronics and household appliances.

If the relevant laws are violated, fines may be as high as 10% of the company’s annual turnover, and managers who reach illegal agreements may face fines of up to $511,000.

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