Asus fined €63.5m for computer hardware price fixing

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And the EU has imposed lesser fines on Denon & Marantz, Philips and Pioneer.

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Read more.

I hope that a lot of the inflated prices recently for the past 5 or so years have mostly been down to price fixing, would be nice for tech to be a reasonable price again!!

So the EU/Governments make millions from fining these companies whilst the poor consumers/us who got ripped off receive nothing.......does not seem right to me, why are the fines not distributed in refunds?

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Originally Posted by rljNinja

So the EU/Governments make millions from fining these companies whilst the poor consumers/us who got ripped off receive nothing.......does not seem right to me, why are the fines not distributed in refunds?

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Because fines are imposed for breaking the law - consumers either sue for compensation or buy an alternative product - ie voting with their wallet.