In 2021, the Supreme Court confirmed the existence of anti-competitive practices by 21 car manufacturing companies in Spain, including Toyota.
A court in Vitoria-Gasteiz has estimated that the Toyota company has applied an additional charge of 5% to the sales price of its vehicles to its customers. It is therefore ordered to repay this increase with statutory interest from the date of payment. This is reported by the Euskadi Consumers’ Association (OCE).
In a note, the OCE recalls that in 2015 the National Commission for Markets and Competition (CNMC) sanctioned 21 car manufacturing companies in Spain for restrictive competitive practices carried out in the period 2006-2013, after understanding that they had formed a cartel for the fair. of confidential information.
This entity recalls that this practice caused a “distortion of free competition” in the automotive distribution market, affecting vehicle buyers as it gave rise to higher retail prices.
In 2021, as a result of the appeals filed by the manufacturers, the Supreme Court ruled on the CNMC resolution and confirmed the existence of anti-competitive practices.
The first judgments, dated December 2023 and issued by the Commercial Court Number 1 of Vitoria-Gasteiz, partially accept the claim for damages of the plaintiffs and order the manufacturers to pay the buyers 5% of the price of the vehicle, plus statutory interest from the date of payment of the amount.
Source: EITB
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