The Association of Argentine Component Factories (AFAC), a group representing Argentina’s auto-parts sector, has asked the National Commission for the Defense of Competition (CNDC) to investigate certain actions by the Renault company in Argentina, which they accuse of abusing their dominant position in the market.
“The investigation request exposes questions generated by a monopsony situation with Renault over its Argentine suppliers, as it is the only customer…” the AFAC said, also accusing a de facto monopoly in the face of the restrictions faced by consumers in accessing specialized independent workshops, as well as a monopoly for the sale of spare parts in the network of official Renault workshops. The AFAC has accused Renault of engaging in various abusive and restrictive practices over the independent auto-parts market, including the termination of contracts without cause, control of stock changes, or the imposition of co-suppliers
Renault clarified that it has not received a notice from the CNDC, so could not respond to the charges. The conflict between Renault and the auto-parts sector began at the end of last year, when the strengthening of the dollar hit the industry hard and where, AFAC alleges, Renault took a long time to adjust prices, causing serious financial consequences for the sector.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Veteran Lawyers Launch Boutique Antitrust Firm in NY and DC
Oct 6, 2024 by
CPI
EU’s Top Court Upholds Antitrust Veto on Thyssenkrupp-Tata Steel Deal
Oct 6, 2024 by
CPI
Brazil’s Court Delays X’s Return Over Fine Payment Dispute
Oct 6, 2024 by
CPI
Tencent and Guillemot Family Consider Potential Buyout of Ubisoft
Oct 6, 2024 by
CPI
Second Price-Fixing Case Against Hotel-Casinos Dismissed by Federal Judge
Oct 6, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh