GBAF Logo
Finance

Italy fines UK car leasing company ALD for unfair commercial practice

Published by Global Banking & Finance Review

Posted on October 9, 2025

1 min read

· Last updated: January 21, 2026

Add as preferred source on Google
Ukrainian President Zelenskiy emphasizes land sovereignty against occupiers - Global Banking & Finance Review
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.
customers compliance insurance financial sector business services
Global Banking & Finance Awards 2026 — Call for Entries

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

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

What 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.
What 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.
What 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.

Tags

Related Articles

Image for Trump tells Fox News Iran can call US if it wants to negotiate

Trump tells Fox News Iran can call US if it wants to negotiate

Image for Australia's Wong to visit Japan, China, South Korea to discuss energy security

Australia's Wong to visit Japan, China, South Korea to discuss energy security

Image for Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Image for Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Image for Russian defence minister visits North Korea

Russian defence minister visits North Korea

Image for Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says

Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says

More from Finance

Explore more articles in the Finance category

Image for Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Image for Germany's far-right AfD rises to record 28%, INSA poll shows
Germany's far-right AfD rises to record 28%, INSA poll shows
Image for German government suspects Russia of Signal attack targeting politicians, sources say
German government suspects Russia of Signal attack targeting politicians, sources say
Image for Romania finds parts of second drone after overnight Russian attack on Ukraine
Romania finds parts of second drone after overnight Russian attack on Ukraine
Image for China condemns EU's inclusion of Chinese entities in sanctions package against Russia
China condemns EU's inclusion of Chinese entities in sanctions package against Russia
Image for Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Image for Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Image for France's Macron says EU mutual assistance clause is unambiguous
France's Macron says EU mutual assistance clause is unambiguous
Image for US to let Venezuela pay Maduro's lawyer in drug trafficking case
US to let Venezuela pay Maduro's lawyer in drug trafficking case
Image for Italy votes down equal parental leave while fathers redefine their role online
Italy votes down equal parental leave while fathers redefine their role online
Image for German auto industry faces even tougher competition as China economy slows
German auto industry faces even tougher competition as China economy slows
Image for Romania says drone fragments damage property during overnight Russian attack on Ukraine
Romania says drone fragments damage property during overnight Russian attack on Ukraine
View All Finance Posts