The Portuguese Competition Authority fines 14 banks for exchange of information

Competition Authority, Portuguese

Article précédent The Latvian Competition Authority imposes interim measures suspending concession agreements concluded between a municipality and two waste management companies (Riga Municipality / Getliņi EKO / Tīrīga) Article suivant The French Competition Authority and the Austrian Competition Authority carry out unannounced inspections in the automatic swimming pool cleaning equipment distribution sector

9 Sep 2019

The Portuguese Competition Authority fines 14 banks for exchange of information

KEYWORDS

Reference

Portuguese Competition Authority, AdC imposes a fine of 225 million euros to 14 banks, Press Release, 9 September 2019

AdC imposes a fine of 225 million euros to 14 banks The Portuguese Competition Authority (Autoridade da Concorrência - AdC) fined 14 banks in the total amount of 225 million euros in connection with the concerted practice of exchanging sensitive commercial data, during a period of more than ten years, between 2002 and 2013. The banks fined are BBVA, BIC (for practices of the then BPN), BPI, BCP, BES, BANIF, Barclays, CGD, Caixa de Crédito Agrícola, Montepio, Santander (for its own actions and those of Banco Popular), Deutsche Bank and UCI. The banks that participated in the concerted practice exchanged sensitive data on their

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

Version PDF

Auteur

Portuguese Competition Authority
Portuguese Competition Authority (Lisbon)

Portugal 111 contributions 27494 visites

Citation

Portuguese Competition Authority, The Portuguese Competition Authority fines 14 banks for exchange of information, 9 septembre 2019, e-Competitions September 2019, Art. N° 91713

Visites 1195