https://www.swissinfo.ch/eng/cartel-...-cars/47715444
12 years of making agreements to reduce competition and ensure a higher sales price for the car of the people.
https://www.swissinfo.ch/eng/cartel-...-cars/47715444
12 years of making agreements to reduce competition and ensure a higher sales price for the car of the people.
I look the same Audi for 48k Euros and 59k CHF at the websites.
Bern, 30.06.2022 - The Competition Commission (COMCO) is fining seven VW dealers in the Canton of Ticino for forming an illegal cartel for the sale of new vehicles to private and public customers.
AMAG Automobili e Motori SA and six VW car dealers - Autoronchetti Sagl, Garage Karpf & Co/GARAGE 3 VALLI SA, Garage Carrozzeria Maffeis SA, Garage Nessi SA, GARAGE WEBER-MONACO SA and TOGNETTI AUTO SA - formed an illegal cartel between 2006 and 2018. Their aim was to reduce competition and to keep the sales prices of new vehicles for private and public customers higher. The car dealers agreed on all sales activities in Ticino: they concluded agreements on public procurement, coordinated the pricing policy for the sale of new vehicles to private customers and divided the Canton of Ticino into business areas.
The cartel members were fined a total of approximately CHF 44 million. Five companies agreed to conclude the proceedings with an out-of-court settlement.
Their detrimental nature needs to be proven for them to get banned and hit with a fine.