BN 07/28 13:19 *SPAIN REGULATOR IMPOSES EU171M IN FINES FOR CAR INDUSTRY
BN 07/28 13:19 *SPAIN CNMC REGULATOR IMPOSES FINES ON CARMAKERS
BN 07/28 13:19 *SPAIN CNMC REGULATOR IMPOSES FINES ON CARMAKERS
Spain Regulator Imposes EU171M in Fines for Car Industry
2015-07-28 13:35:35.799 GMT
By Maria Tadeo
(Bloomberg) -- Spain markets and competition regulator
fines 21 automakers and distributors, 2 consultancy cos for
practices aiming at restricting competition.
• CNMC says companies shared sensitive commercial and strategic
information in Spanish distribution market, after-sales services
• Companies fined include Automoviles Citroen Espana with
EU14.8m penalty; Ford Espana EU20.2m, General Motors Espana
EU22.8m, Renault Espana Comercial EU18.2m
• CNMC comments in e-mailed statement
Link to Company News:{UG FP <Equity> CN <GO>}
Link to Company News:{RNO FP <Equity> CN <GO>}
Link to Company News:{GM US <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Maria Tadeo in Madrid at +34-91-700-9624 or
mtadeo@bloomberg.net
To contact the editor responsible for this story:
Charles Penty at +34-91-700-9654 or
cpenty@bloomberg.net
2015-07-28 13:35:35.799 GMT
By Maria Tadeo
(Bloomberg) -- Spain markets and competition regulator
fines 21 automakers and distributors, 2 consultancy cos for
practices aiming at restricting competition.
• CNMC says companies shared sensitive commercial and strategic
information in Spanish distribution market, after-sales services
• Companies fined include Automoviles Citroen Espana with
EU14.8m penalty; Ford Espana EU20.2m, General Motors Espana
EU22.8m, Renault Espana Comercial EU18.2m
• CNMC comments in e-mailed statement
Link to Company News:{UG FP <Equity> CN <GO>}
Link to Company News:{RNO FP <Equity> CN <GO>}
Link to Company News:{GM US <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Maria Tadeo in Madrid at +34-91-700-9624 or
mtadeo@bloomberg.net
To contact the editor responsible for this story:
Charles Penty at +34-91-700-9654 or
cpenty@bloomberg.net