March 15, 2017 / 6:39 AM / 4 months ago

Swiss competition watchdog probes Bucher in tractor parts case

1 Min Read

ZURICH, March 15 (Reuters) - The Swiss competition authority WEKO said on Wednesday it had opened a probe into Bucher Industries Landtechnik unit over agreements involving distribution of spare parts for tractors and territorial limitations for resale by dealers.

Bucher said in a separate statement it is cooperating with WEKO in the investigation and "aiming for a complete understanding of the situation," which involves brands New-Holland, Case IH and Steyr.

Authorities searched Bucher offices as part of the investigation, WEKO said. (Reporting by John Miller)

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