ZEG to Pay Millions in Fines for Price-Fixing

BONN, Germany – Germany’s national competition authority (Bundeskartellamt) announces that it has imposed an over ten million euro fine on the Cologne-based dealer cooperative Zweirad-Einkaufs-Genossenschaft eG (ZEG). According to a Bundeskartellamt press release, the imposed fine took into account that ZEG cooperated by clarifying its dealer agreements. Therefore, the proceedings concluded through a fine’s settlement.