The authority accuses Maxxis and two wholesalers of unauthorized price fixing in the distribution of tyres
Antitrust Office imposes €11.9 million fine on tire manufacturers
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Summary
The Federal Cartel Office has imposed fines of a total of 11.9 million euros for unlawful price fixing in the distribution of tires. The Federal Cartel Office is consistently pursuing these practices, which have been banned since the early 1970s. According to Mundt, “margin guarantee agreements” violate antitrust law “if they contain – as here – requirements for the retail prices of dealers and thus restrict their pricing freedom”. Andreas Mundt, President of the antitrust office, said that “vertical price fixing is regularly at the expense of consumers”.
Furthermore, Against them could be appealed, then the Oberlandesgericht Düsseldorf decide. dpa Published according to the editorial standards of the Handelsblatt. As regards the amount of the fine, it was alleged that Maxxis and B4T Berlin had cooperated with the Bundeskartellamt in clarifying the facts. B4T Berlin and Reifen Müller are tire wholesalers.
In addition, The authority accuses three companies of having restricted the pricing of tyres of the brands Maxxis and CST on the German wholesale tyre market. Maxxis and Reifen Müller have therefore agreed to an amicable termination of the procedure.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
The Federal Cartel Office has imposed fines of a total of 11.9 million euros for unlawful price fixing in the distribution of tires.
reliability low1/2 sourcesThe Federal Cartel Office is consistently pursuing these practices, which have been banned since the early 1970s. According to Mundt, “margin guarantee agreements” violate antitrust law “if they contain – as here – requirements for the retail prices of dealers and thus restrict their pricing freedom”.
reliability low1/2 sourcesAndreas Mundt, President of the antitrust office, said that “vertical price fixing is regularly at the expense of consumers”.
reliability low1/2 sourcesAgainst them could be appealed, then the Oberlandesgericht Düsseldorf decide. dpa Published according to the editorial standards of the Handelsblatt.
reliability low1/2 sourcesAs regards the amount of the fine, it was alleged that Maxxis and B4T Berlin had cooperated with the Bundeskartellamt in clarifying the facts.
reliability low1/2 sourcesB4T Berlin and Reifen Müller are tire wholesalers.
reliability low1/2 sourcesThe authority accuses three companies of having restricted the pricing of tyres of the brands Maxxis and CST on the German wholesale tyre market.
reliability low1/2 sourcesMaxxis and Reifen Müller have therefore agreed to an amicable termination of the procedure.
reliability low1/2 sources
Disputedincompatible versions — to verify
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