Monday, August 05, 2013

MALLORCA TODAY - Hire-car firms receive huge fines for price-fixing

The Spanish National Competition Commission has imposed fines amounting to 35 million euros on seventeen hire-car companies and two associations. The fines relate to the operation of a cartel in respect of price-fixing and of conditions for various "extras", e.g. baby seats, and refer specifically to companies in Catalonia, Valencia, Andalusia and the Balearics. The largest fine - almost 15.5 million euros -has been imposed on Goldcar, while the second and third largest (respectively 5.5 million and 4.8 million) have been applied to Centauro and Record.

See more: Diario de Mallorca

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