Antitrust: Commission fines truck producers € 2.93 billion for participating in a cartel

Jul 19, 2016 9:00:00 AM | Media Coverage

European Commission | 19 July 2016 | 

The European Commission has found that MAN, Volvo/Renault, Daimler, Iveco, and DAF broke EU antitrust rules. These truck makers colluded for 14 years on truck pricing and on passing on the costs of compliance with stricter emission rules. The Commission has imposed a record fine of € 2 926 499 000.

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