A US parliamentary committee accuses Philips of charging too high a price for equipment needed to fight the corona virus. The company received a report on Friday and says it does not recognize itself in the image.
It concerns the supply of respiratory equipment for hospitals. The North American branch of Philips signed a contract in 2014 to supply 10,000 of this equipment to hospitals to stock in case of a pandemic.
The House of Representatives committee now concludes that the company never supplied those respirators, but did sell a similar product at much higher prices after the outbreak of the COVID-19 pandemic.
Philips says that the 2014 contract made agreements about a cheaper and simpler variety. When the development and production is complete, the respiration equipment will still be delivered, the company says.