Placebo Effect is a German Dark Electro band.

The band was formed in the late 1980s by Axel Machens, Christoph Kunze, and Achim Windel. They have an early EBM sound which has been credited as the inspiration of several other industrial bands like Front Line Assembly.

In 1995, Placebo Effect parted ways, but Machens has teamed up with Ecki Stieg to form the side project "Accessories" and cut an album entitled Vendetta.

In 1999, Machens also performed his own solo-side project called "Breathe" and cut The Laughing Dolls EP and several single mixes. Breathe live performances also consist of keyboardists Sascha Garthof and Daniel Sachse, and drummer Nick Zärban.

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