EU slaps truck cartel with record 2.93bn euro fine
EU
Brussels - Arab Today
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.
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