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Toyota, Assilea overturn car-finance cartel fines in Italy

( November 24, 2020, 12:24 GMT | Official Statement) -- MLex Summary: Toyota Financial Services and Associazione Italiana Leasing have struck a victory at the administrative court in Rome, where judges annulled cartel fines that the national antitrust watchdog imposed on them in 2019, alongside banks and other car dealers. In January that year, the authority fined banks and car dealers responsible for the sale of cars through financial products, as well as sector associations, around 678 million euros for exchanging sensitive data between 2003 and 2017.The court rulings are attached (in Italian). ...

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