European Union regulators are studying how the car repairs market works followin...
FILE PHOTO: European Competition Commissioner Margrethe Vestager talks to the media at the European Council headquarters in Brussels, Belgium February 6, 2019. REUTERS/Yves Herman
The study will look at carmakers including Renault, Jaguar Land Rover, Peugeot and software vendor Accenture, European Competition Commissioner Margrethe Vestager told reporters. “It is not an investigation, it is not a case but it is sort of part of our market supervision also in this area. We want to get a sense of this market again because this is very much about data. You can access the data to service the car,” she said.
The software works by identifying which spare parts in a manufacturer’s range customers would be content to pay more for, how much to raise prices by and which prices should not be hiked, Accenture told prospective clients.
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