The EU Commission issues its first decision concerning retail price maintenance and imposes a € 30.96 million fine on German car manufacturer (Volkswagen)

"First decision concerning retail price maintenance: Commission imposes a € 30.96 million fine on Volkswagen AG for retail price maintenance measures on the German market"*1. Introduction On 30 May 2001, the European Commission adopted a decision imposing a fine of € 30.96 million on Volkswagen AG, the biggest German, and European, car manufacturer, for having instructed its German Volkswagen dealer network in 1996 and 1997 to observe ‘price discipline’ as regards the new VW Passat, and not to sell this model at prices considerably below the recommended list price. 2. The measures identified The measures identified in the decision consisted of three circular letters sent out in 1996 and 1997, in which the dealers were urged to limit or not to grant rebates to customers in respect of the

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Konrad Schumm, Ulrich Krause-Heiber, The EU Commission issues its first decision concerning retail price maintenance and imposes a € 30.96 million fine on German car manufacturer (Volkswagen), 29 June 2001, e-Competitions Bulletin Automobile, Art. N° 39079

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