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EU antitrust regulators to investigate group of online companies

Reuters - UK Focus

BRUSSELS, Feb 2 (Reuters) - EU antitrust regulators opened on Thursday three investigations into a group of consumer electronics makers including Philips (Amsterdam: PHIA.AS - news) , six video game companies, Thomas Cook (Frankfurt: A0MR3W - news) and three other tour operators on suspicion of blocking online cross-border sales.

The move came after an inquiry of nearly two years by the European Commission into the e-commerce industry showed that such unfair restrictions were widespread in the 28-country bloc.

"The three investigations opened today by the Commission aim to tackle the specific issues of retail price restrictions, discrimination on the basis of location and geo-blocking," the EU competition enforcer said in a statement.

Companies targeted included Taiwan (Taiwan OTC: 6549.TWO - news) 's Asus, Denon & Marantz, Pioneer, Steam game distribution platform owner Valve Corporation, Bandai Namco (Frankfurt: A0F6LZ - news) , Capcom, Focus Home (Swiss: OXALFO.SW - news) , Koch Media, ZeniMax, Kuoni, REWE, TUI (LSE: 0NLA.L - news) and Melia Hotels. (Reporting by Foo Yun Chee; editing by Philip Blenkinsop)