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Spain: Price-fixing suit targets car dealers

By  |  November 11, 2015

Spain’s biggest consumer association, is preparing to bring a class-action lawsuit against more than 250 auto dealers and 30 automakers’ Spanish operations on behalf of more than 70,000 motorists possibly affected by price-fixing practices from 2006 to 2013.

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    The Spanish Commission on Competition and Markets earlier this year fined the dealers and manufacturers more than €224 million for price-fixing practices and restricting competition by exchanging critical information such as maximum discounts and used-vehicle prices.

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    Between March and July the Commission conducted six separate probes of dealers who acquired vehicles between 2006 and 2013, including Audi, BMW, Chevrolet, Chrysler, Fiat, Ford, Honda, Toyota and Volkswagen.

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