Two additional companies have participated in cartel co-operation within the business concept Nye Visioner

Pia Valsted (formerly Nye Visioner v/Pia Valsted) and Nye Visioner v/Jens Schmidt have admitted to having infringed the Danish Competition Law’s ban on anti-competitive agreements. The infringements took place for 6 years and 9 months, respectively.

A fine may be imposed on the companies. The size of a fine is limited to maximum 10 per cent of the net turnover of the companies in the year preceding a decision. However, since both parties did not have a turnover in the previous year, the fines in both cases are set at zero DKK.

The business concept Nye Visioner encompasses among other things courses within personal planning and efficiency, meeting management, stress prevention and management training. In return of a commission, the founder of Nye Visioner makes the concept available to a number of companies that then become partners in Nye Visioner.

Previously, 10 other companies in the same case complex admitted to having entered into illegal agreements on pricing and sharing of costumers within the business concept Nye Visioner. These five other companies accepted fines of 6,000 to 90,000 DKK for their infringements.

All fines in the case are limited by the fact that the fines cannot exceed 10 percent of each undertaking’s net turnover in the business year preceding a decision.

The Competition and Consumer Authority continues to investigate whether more companies are part of illegal agreements within the business concept Nye Visioner. If the investigations lead to a decision from the Danish Competition Council, or to the Danish Competition Council issuing more fines, this will be published.

For further information

Contact head of communications at the Danish Competition and Consumer Authority, Hanne Arentoft, by phone 41 71 50 98.