Overview

• The Bundeskartellamt imposed a €6 million fine on Sennheiser, its employees, and Sonova's German subsidiary for engaging in illegal resale price maintenance.
• Since at least 2015, Sennheiser monitored and pressured retailers to adhere to higher resale prices, violating German competition law.
• Employees trained in competition law intentionally concealed the price-fixing practices, according to investigators.
• The scheme continued in a reduced form after Sonova acquired Sennheiser’s consumer audio division in March 2022.
• The investigation concluded following a September 2022 raid and confirmed the deliberate nature of the violations.