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DESIGNED to share gigaboete of 80 million euros after the breaking of the prohibition

The Authority for Consumers & Markets (ACM) at the beginning of this year, and a fine of 80 million euros were distributed to a number of competing companies th

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DESIGNED to share gigaboete of 80 million euros after the breaking of the prohibition

The Authority for Consumers & Markets (ACM) at the beginning of this year, and a fine of 80 million euros were distributed to a number of competing companies that have violated the cartel prohibition, it writes EVERYTHING twice. It is not yet known which companies are involved.

The competing companies have shared through third-parties, of information about future prices. That goes against the rules of the financial markets, because of the so-called competitive pressures may be reduced, without any actual price-fixing agreements are to be made. The fine of € 80 million, is one of the highest in the history of the PAST.

in other business, in the wake of this case, was given a fine of more than a million dollars for the provision of the contract with a high cancellation fee to the consumer.

The beboete companies have requested the court to suspend the publication of the boetebesluiten. The names of the companies are not disclosed, since these procedures are still ongoing.

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