European Commission imposes €3 billion fine on truck makers

on Jul 20, 16 • in UK • with Comments Off on European Commission imposes €3 billion fine on truck makers

The European Commission has imposed a fine of almost €3 billion on truck makers MAN, Volvo/Renault, Daimler, Iveco, and DAF after they broke EU antitrust rules. According to the EU executive, the truck makers colluded for 14 years on truck pricing and on passing on the costs of compliance with stricter emission rules