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Bus Companies accused of price fixing cartelFriday, 24 February 2012
Two bus companies operating in Sweden agreed on prices, discounts and cancellations. The companies, Scandorama and Ölvemarks which are running tours in Europe, found themselves in the Stockholm District Court and may be fined Skr 11 million.
"The unauthorized collaboration meant that the passengers, customers, were hit by price increases of between 10 and 20 percent when the two competing companies made up their pricing in the catalogues," the Swedish competition authority official Dan Sjöblom said in a statement.
By Scancomark.se Team
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