MADRID -- The National Commission for Markets and Competition (CNMC, Comisión Nacional de los Mercados y la Competencia) has recently advised car dealers (Audi, Seat, Volkswagen, Skoda, Nissan, Toyota, Land Rover, Hyundai and Opel, so far) that it intends to fine them for alleged anti-competition practices in the retail market. An investigation that began in June 2013 revealed that they had all agreed not to discount their vehicles for more than 4%, in what the report says was a 'sort of non-aggression pact' that is against competition legislation. The organization considers it proven that the manufacturers' distribution network took part in an organised system whereby concurrent prices were avoided within
