FLEET AND LEASING SECTOR SCORES VICTORIES IN NEW BLOCK EXEMPTION LAW
May 1st, 2010
BY KEITH NUTHALL
THE FLEET and vehicle leasing sector can be happy about the release last week (May 27) by the European Commission of new rules on how the various elements of the European Union (EU) auto sector should compete.
This regulation granting a 'block exemption' from general EU laws on competition, which usually ban formal collusion between manufacturers, retailers, repairers and customers, should reduce prices of purchases and repairs, while protecting leasing companies from having to yield their customer databases.
Special auto industry rules will ...
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