ALD Automotive hit with fine for ‘unfair’ practices in Italy
Yahoo Finance·2025-10-10 21:46
The Italian Competition Authority has levied a fine of €5m ($5.8m) against ALD Automotive, a global long-term car leasing company. The penalty comes as a result of the company's reportedly unfair commercial practices related to the handling of customer charges for vehicle damage during the rental period. ALD Automotive, a subsidiary of the Société Générale Group since 2001, has been deemed to provide consumers with incomplete and unclear information about an optional paid service. This service, which a ...