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Auchan, Modelo Continente, Pingo Doce and supplier fined €5.6m

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Auchan, Modelo Continente, Pingo Doce and supplier fined €5.6m

The Antitrust Authority (AdC) has fined supermarket chains Auchan, Modelo Continente and Pingo Doce, as well as joint alcoholic beverage supplier Active Brands/Gestvinus, €5.6 million for participating in a price-fixing scheme.

The AdC statement states that “Sanctioned three supermarket chains – Auchan, Modelo Continente and Pingo Doce, as well as the joint alcohol supplier Active Brands / Gestvinus and the person in charge of this company for participating in the consumer selling price (PVP) scheme for products from this supplier”.

According to the same note, “an AdC investigation found that participating distribution companies ensured retail price equalization in their supermarkets through contacts established through a common supplier without the need to communicate directly with each other”the regulator said.

“This practice eliminates competition by depriving consumers of the opportunity to choose better prices, but providing a higher level of profitability for the entire distribution chain, including supply chains and supermarkets.”emphasized AdC.

According to the competition, “a fine of 5,665,178 euros was imposed for the present violation”and according to published data, Ative Brands was fined 2.3 million euros, Modelo Continente – 1.4 million euros, Pingo Doce – 1.2 million euros, Auchan – 660 thousand euros, and the responsible person – 5,178 Euro.

AdC recalled that in November 2020 “Issued a Nota de Ilicitude (or indictment) in this case, subsequently enabling all companies and persons responsible to exercise their rights of hearing and defense, which was duly taken into account in the final judgment.”.

Thus, in this case, the competition “We determined that this practice lasted for more than eight years – from 2009 to 2017 – and was aimed at various products from the supplier, such as wines, spirits and liquors / snacks. Major distributor lawsuits heard between 2020 and 2022 included sanctions against six supermarket chains and nine suppliers for anti-competitive “stars and hubs” practices.remembered.

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The AdC also recalled that the fines it imposes “is determined by the turnover of sanctioned companies in the affected markets over the years of practice”be the one “according to the Competition Law, fines cannot exceed 10% of the company’s turnover in the year before the decision on sanctions and 10% of the annual remuneration received in the last year of the violation, in the case of individuals”.

By setting these penalties, “AdC takes into account the severity and duration of the infringement, the extent to which companies are involved in the infringement, the economic situation of companies, among other circumstances, in line with international best practice”according to the same note.

Pingo Doce announces it will appeal to the court

Pingo Doce believes that the Competition Authority’s (AdC) fine is “unfair and undeserved” and ensures that “will be challenged in court”according to an official source, in response to Lusa.

“Pingo Doce confirms that it has received another fine decision from the Antimonopoly Office within the previous ones”indicated in the company, adding that “This decision is also unfair and undeserved and therefore, like the previous ones, it will be challenged in the courts in order to restore the truth of the facts”.

“Nothing will stop Pingo Doce from continuing to offer the Portuguese the biggest discounts, best prices and promotional opportunities as it has always done.”stressed the same source.

Auchan ‘completely refutes’ the practice

Auchan said it “completely refutes the actions attributed to it by the Competition Authority” (AdC), which again fined the supermarket chain, adding that it would “take legal action” against the decision.

“Auchan completely refutes the practice attributed to it by the antimonopoly authority in the Final decision as part of the administrative offense process, and will appeal the decision in court, naturally, exercising the rights provided for by the Competition Law,” the company said. in a note sent to Lusa.

The group also ensured that “all training and supervision of its employees are provided internally to avoid any behavior that could lead to a violation of the rules of competition.”

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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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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.

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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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