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    Home > Finance > Italy fines UK car leasing company ALD for unfair commercial practice
    Finance

    Italy fines UK car leasing company ALD for unfair commercial practice

    Published by Global Banking and Finance Review

    Posted on October 9, 2025

    1 min read

    Last updated: January 21, 2026

    The image captures President Zelenskiy during a press conference, asserting Ukraine's commitment to sovereignty and territorial integrity. This aligns with his statement that Ukrainians will not concede land to occupiers, emphasizing the nation's resolve amidst geopolitical tensions.
    Ukrainian President Zelenskiy emphasizes land sovereignty against occupiers - Global Banking & Finance Review
    Tags:customerscomplianceinsurancefinancial sectorbusiness services

    Quick Summary

    Italy fines ALD 5 million euros for unfair practices in handling vehicle damage charges, citing incomplete customer information.

    Table of Contents

    • Overview of the Fine Imposed on ALD
    • Details of the Unfair Commercial Practice
    • Company's Response to the Fine

    Italy fines UK car leasing company ALD for unfair commercial practice

    Overview of the Fine Imposed on ALD

    MILAN (Reuters) -The Italian competition Authority (AGCM) said on Thursday it had imposed a fine of 5 million euros ($5.8 million) on ALD, a UK-based car leasing company, for an "unfair commercial practice" in the handling of customer charges for vehicle damage sustained during the rental period.

    Details of the Unfair Commercial Practice

    According to the AGCM watchdog, the company gave consumers incomplete and unclear information about the key terms of the paid optional service designed to limit liability for vehicle damage.

    Company's Response to the Fine

    ALD did not immediately respond to a request for comment.

    ($1 = 0.8611 euros)

    (Reporting by Claudia CristoferiEditing by Keith Weir)

    Key Takeaways

    • •Italy fined ALD 5 million euros for unfair practices.
    • •AGCM found ALD's customer information incomplete.
    • •The fine relates to vehicle damage charge handling.
    • •ALD has not yet commented on the fine.
    • •The exchange rate is $1 = 0.8611 euros.

    Frequently Asked Questions about Italy fines UK car leasing company ALD for unfair commercial practice

    1What is an unfair commercial practice?

    An unfair commercial practice refers to misleading or deceptive actions by a business that can harm consumers, such as providing incomplete or unclear information about products or services.

    2What is a fine in a business context?

    A fine is a monetary penalty imposed on a business or individual for violating laws or regulations, often as a result of non-compliance with established standards.

    3What is the role of the Italian Competition Authority?

    The Italian Competition Authority (AGCM) is responsible for enforcing competition laws and protecting consumers in Italy, ensuring fair trading practices among businesses.

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