News Formal

WesBank and Toyota Finance accused of collusion

  • 📰 eNCA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

[ICYMI] WesBank and Toyota Finance accused of collusion

It's been found that Wesbank and TFS are involved in the provision of vehicle finance services.

This is after the two entities concluded a shareholder agreement clause that prevents them from competing. The agreement clause prohibits WesBank from offering vehicle finance to customers seeking to purchase vehicles at authorised Toyota dealerships.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WesBank and Toyota Finance charged for collusionAn investigation by the commission revealed that WesBank and Toyota divided markets by allocating customers or suppliers.
Source: eNCA - 🏆 49. / 51 Read more »

WesBank and Toyota Finance charged for collusionAn investigation by the commission revealed that WesBank and Toyota divided markets by allocating customers or suppliers.
Source: eNCA - 🏆 49. / 51 Read more »