European Commission fines truck producers EUR 2.93 billion for antitrust violation  [ EU ]

On July 19, the European Commission found that MAN, Volvo/Renault, Daimler, Iveco, and DAF colluded for 14 years on truck pricing, timing for introduction of new emissions technologies, and the passing of emissions technology costs on to customers.The companies were not accused of violating emission limits or using “defeat” systems.The Commission imposed a record fine of EUR 2,926,4...
<Jul 23, 2016>