Press Release: Competition: Commission imposes a EUR49.5 million fine on Peugeot for obstructing new car exports from the Netherlands

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Series Details IP/05/1227 (5.10.05)
Publication Date 05/10/2005
Content Type

The European Commission on 5 October 2005 decided to impose a fine of €49.5million on Automobiles Peugeot SA and Peugeot Nederland N.V., for having obstructed between 1997 and 2003 exports of new cars from the Netherlands to consumers living in other Member States. By preventing these exports of new cars, the companies committed a very serious violation the EC Treaty's ban on restrictive business practices (Article 81).

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1227&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
BBC News, 5.10.05: Peugeot Citroen hit with EU fine http://news.bbc.co.uk/1/hi/business/4311664.stm

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