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Pingo Doce will challenge in court the fine imposed by the antimonopoly authority

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Pingo Doce will challenge in court the fine imposed by the antimonopoly authority

Pingo Doce announced today that it will challenge the €35.7 million fine of the Competition Authority (AdC) in court, deeming it “an unfair and undeserved decision”.

“Pingo Doce confirms that it has received from the Antimonopoly Office another decision to impose a fine, within the previous ones. This decision is also unfair and undeserved and therefore, like the previous ones, it will be appealed in court in order to restore the veracity of the facts,” the message says. supermarket chain sent to Luce.

The group also claims that nothing “will prevent it (…) from continuing to offer the Portuguese the biggest discounts, the best prices and promotional opportunities, as it has always been.”

The AdC fined supermarkets Auchan, E. Leclerc, Modelo Continente and Pingo Doce, as well as joint supplier Unilever, more than 130 million euros for a consumer price fixing scheme.

In a statement released today, the AdC says it has sanctioned four supermarket chains – Auchan, E. Leclerc, Modelo Continente (of the Sonae group) and Pingo Doce (of the Jerónimo Martins group), as well as the general food supplier Home. Care and Unilever personal care products, which included participation “in a consumer pricing (PVP) scheme for this vendor’s products.”

“The investigation concluded that through contacts established through a common supplier, without the need for direct communication with each other, the participating distribution companies ensure the equalization of retail prices in their supermarkets, in collusion equivalent to a cartel, known in competition law terminology as a “hub and knitting needle, ”AdC clarifies in a note.

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The decision ends with a fine of 132 million euros.

Auchan was fined €16.19 million, Modelo Continente €50.8 million and Pingo Doce €35.7 million. Unilever will have to pay €26.6 million and E.Leclerc €2.9 million.

According to the AdC, this “practice eliminates competition by depriving consumers of better price choices, but delivering higher levels of profitability for the entire distribution chain, including supply chains and supermarkets.”

The regulator recalls that in November 2021, it adopted “a mark of illegality (charge) in this case, providing an opportunity for all companies to exercise their rights to a hearing and defense, which was duly taken into account in the final decision.”

“In this case, the AdC determined that the practice lasted for almost a decade – from 2007 to 2017 – and targeted several products from a supplier in the food, home and personal care sectors such as detergents, deodorants, ice cream, sauces. and teas,” the message says.

It also explains that since the launch of search-and-seizure procedures in large distribution companies in 2017, six supermarket chains have already been sanctioned, as well as seven conventional suppliers, for anti-competitive “hub and spoke” practices.

AdC points out that this is the seventh sanctioning decision in a massive investigation following search and seizure procedures in 2017 that have already resulted in fines totaling more than 645 million euros.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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