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French National Financial Prosecutor’s Office Opens Judicial Inquiry Into GBH Over Suspected Organized Fraud, Abuse of Dominance and Collusion

Investigators are focusing on reports of exceptionally high margins in GBH’s overseas auto dealerships and possible concealment from manufacturers.

Overview

  • Opened in August, the case has been assigned to Paris investigating judges and targets GBH’s activities in overseas automotive markets.
  • Press reports citing internal documents reviewed by Libération allege dealership margins up to three to four times mainland levels.
  • GBH said it learned of the inquiry from the press, firmly denied the allegations, and pledged full cooperation with authorities.
  • Franceinfo reports that more than 500 complaints were filed earlier this year alleging collusion and abuse of dominant position.
  • Context includes longstanding concerns over higher living costs in the Antilles and GBH’s 2024 net profit of €202 million following court-ordered disclosure.