Vehicle dealerships are fined after rigging probe
8:56am Monday 25th February 2013 in News
A COMPANY which has a vehicle dealership in Bolton has been fined following an inquiry into market rigging.
The case, which centres on the distribution of Mercedes-Benz trucks and vans in the north of England and parts of Wales and Scotland, resulted in a fine of £1.5million for the Daimler-owned company.
Ciceley, which has Mercedes dealerships in Great Lever as well as Blackburn, Carlisle, and Dumfries, was fined £659,675, while penalties for Enza Motors, of Warrington, Stoke, Trafford Park, and Manchester, and North-Wales-based Road Range were £347,000, and £115,000, respectively.
The Office of Fair Trading (OFT) identified three separate breaches of competition law in relation to market sharing, price co-ordination, and the exchange of commercially- sensitive information, and has fined Mercedes-Benz and three commercial vehicle dealers £2.6million Ali Nikpay, OFT senior director of cartels, said: “These cases send a clear signal that the OFT will take firm action against companies that collude to deny customers the benefit of fair competition, regardless of the size of the firms.”
Comments are closed on this article.
