Michelin suspected of abuse of market power
Tire manufacturer Michelin is suspected of abusing its market power in France by the French Ministry of Finance who has given the case to the competition council.
Le Figaro said tire distributor Vulco, which is linked to Michelin's US rival Goodyear, complained to DGCCRF (the General Directorate for Fair Trading, Consumer Affairs and Fraud Control), a unit of the Ministry of Finance.
The Ministry of Finance and Michelin had no immediate comment. (Reuters)
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