A Portuguese court has upheld a €150,000 fine (US$180,000) on Ford Lusitana for providing inaccurate information during an antitrust investigation into the company’s car warranty clauses.
The Court of Competition, Regulation and Supervision confirmed the fine imposed on Ford Lusitana for false, incomplete or inaccurate information provided to the authorities on the contracts for the extension of the car warranty. The fines were initially imposed in 2015 by the Competition Authority (AdC).
The court now upheld the penalties, noting that Ford Lusitana provided “incomplete information” to the AdC’s request, acting “with an intentional intention” and with conscience that it was engaging in “unlawful conduct.”
Full Content: TSF Radio Noticias
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI