24th May 2023 10:08
Currys PLC - London-based electronics and electrical goods retailer - Confirms that European Economic Area competition regulator ESA has informed Currys' subsidiaries Elkjop Nordic AS and Elkjop Norge AS that it is opening formal proceedings, to examine whether Elkjop has infringed EEA competition rules in Norway. Currys notes that this decision is procedural only and should not be taken to mean that Elkjop has infringed said competition rules.
Currys says: "We take our competition law responsibilities seriously. Elkjop does not believe it has infringed any competition rules and will continue its constructive dialogue and close cooperation with ESA."
Current stock price: 54.35 pence, down 1.5% in London on Tuesday
12-month change: down 31%
By Emma Curzon, Alliance News reporter
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