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Alleged illicit information exchange in the market for mortgages

Lear assisted a federation of credit unions involved in an investigation by the Italian Competition Authority for an alleged illicit exchange of information that might have facilitated collusion. Lear economists worked alongside the company’s legal advisors to explain that the exchange of information had the sole purpose of adherence to the international accounting standards, and to demonstrate that it did not have any negative impact on consumers. The Administrative Tribunal of Lazio overturned the Italian Competition Authority decision and annulled fines to Lear’s client.