|
Man faces jail over car price-fixing cartel
A man has been charged at Cork District Court with the illegal fixing
of prices for Ford cars in Ireland, which carries a sentence of five years
in jail if convicted.
Denis Manning, 11 Allendale Avenue, Melbourne Estate, Bishopstown, Cork
faced two charges at the sitting in Cork on Wednesday 19th April. The
defendant will face two counts that accuse him of aiding and abetting
the Irish Ford Dealers Association in the fixing of sale prices for cars.
Manning could face up to five years in jail or a €4 million fine
if found guilty. The DPP have brought the case to court after a Competition
Authority investigation that has been running for two years found irregularities
in the defendants business.
Recently the Competition Authority brought a successful case against an
oil price-fixing cartel in Co. Galway.
|