BRUSSELS: The EU slapped a record fine of 2.93 billion euros on five of Europe’s biggest truck-makers, accusing them of colluding over 14 years to fix prices and dodge the costs of stricter pollution rules.
“Daimler, DAF, Iveco, MAN and Volvo/Renault cartelised medium and heavy trucks. Now they have to pay a fine of almost 3 billion euro in total,” EU Competition Commissioner Margrethe Vestager tweeted.
Copyright AFP (Agence France-Presse), 2016
Courtesy : BRecorder