Today it was published that Opel Danmark A/S has accepted a fine of DKK 8.25 million on 13 October 2016 for an infringement of section 6 of the Danish Competition Act.
The case concerns an anti-competitive vertical agreement between Opel and their independent dealers. In the period from 2010 to 2014, Opel has set minimum retail prices for the dealers’ sale of used Opel leasing, rental and demo cars. Consequently, Opel has prevented the distributors from competing on price for sale of these cars, which is a breach of section 6 of the Danish Competition Act.
In the determination of the fine it has been a mitigation circumstance that Opel has given the authorities information about the infringement and that Opel has documented that an extensive compliance program has been implemented.
Opel has decided to plead guilty and accept a fine notice from the Danish Public Prosecutor for Serious Financial Crime. Consequently, the case has been settled without a trail.
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