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Consultancy ECIT gets Danish fine for role in nightclub cartel

( January 27, 2025, 13:38 GMT | Official Statement) -- MLex Summary: ECIT Account has been fined 20 million kroner (about $2.8 million) by Denmark's Maritime and Commercial High Court for facilitating a market-sharing cartel among nightclubs and their jointly owned purchasing company for over fifteen years, the national competition authority said today. ECIT held a leading role in the purchasing company's board of directors, drafted the market-sharing agreement and enforced it on the nightclubs. Statement follows (in Danish). ...

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