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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.

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.

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.

Full content: Wards Auto

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