Britain’s competition authorities have for the first time taken cross-border action against Spanish car hire firms, after widespread complaints about misleading practices.
Two large hire firms operating in Spain—Centauro and Record Go—have been ordered by the UK’s Competition and Markets Authority (CMA) to change the way they tell customers about charges. Goldcar, another big player in the Spanish holiday car market, has also been brought under a separate enforcement regime that applies to the big five car hire companies in Europe, after its recent acquisition by Europcar.
The CMA said it took action against Centauro and Record Go “following concerns that UK holidaymakers were being misled by their practices.” It said Centauro Rent-A-Car and Record Go have agreed to improve the way they display information on their websites, ensuring they include all compulsory charges upfront. Neither Centauro nor Record Go admitted any wrongdoing or liability in agreeing to make changes.
Full Content: The Guardian
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