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Monday, 5 September 2016

Spain: €6 million fine for Nissan price-fixing

Spain's competition authority, la Comisión Nacional de los Mercados y la Competencia (CNMC), has fined Nissan's local distributor, a number of its dealers and two consultancy firms €6.03 million after an investigation into the exchange of commercially sensitive information leading to agreements over discounts and conditions of supply. The consultancy firms monitored the cartel-members' compliance and reviewed the dealers' monthly sales figures.

According to the story on the Law 360 website, the distributor will pay €1.9 million and two of the dealers over €1 million each. I had hoped to provide a link to material on the CNMC's website ( but I am unable to find anything relevant - I can order a coffee in Spanish but drilling down into the competition authority's website is another matter altogether. I will ask a friend for help.

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