Mercedes-Benz and three of its commercial vehicle dealers – Ciceley, Road Range and Enza – have admitted infringing competition law and agreed to pay settlements totalling £2.6m, the Office of Fair Trading (OFT) has revealed. A fourth dealer, Northside, has also admitted infringing competition law but will avoid any fine due to its role as whistleblower in the investigation, said the OFT. The settlements relate to three separate infringements of competition law, all of which contained “at least some element […]
Ofcom has said it does not see competition from final-mile delivery firms as a threat to Royal Mail’s ability to continue to provide a universal postal service.
TfL has done well to minimise compliance costs under the Safer Lorry Scheme but ultimately the initative remains misguided, the FTA has said.
Volvo Group has made a €400m (£317m) provision after being notified by the European Commission (EC) that it is suspected of involvement in a cartel, along with several other heavy- and medium-duty truck manufacturers.