Philips, Siemens, Toshiba fined by Italian antitrust body

Italy's Antitrust Authority has hit Philips, Siemens and Toshiba Medical Systems with a combined $7.4 million fine over an alleged conspiracy to control the supply of certain medical devices to a healthcare company in that country.

Philips SpA had to pay nearly $5.6 million dollars, Siemens SpA $1.6 million and Toshiba Medical Systems Italia Srl $202,000. Diagnostic imaging services provider Alliance Medical was fined about $59,000, according to MassDevice.

GE Medical Systems' Italian unit brought the shenanigans to light when it filed a complaint alleging the four companies had conspired to coordinate bidding efforts to snag a supply contract with Societa Regionale Sanita of Campania. Siemens and Alliance joined to offer medical imaging machines and subcontracted Philips and Toshiba to provide other rental machines, according to the Antitrust Authority.

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