Scania Group has made a SEK 3.8bn (£334m) provision in relation to the European Commission’s (EC’s) truck cartel investigation, but contests the EC’s view that it was involved in price-fixing. The manufacturer said in a statement: “Scania has fully cooperated with the European Commission during the investigation. However, Scania contests the commission’s view that the company has entered into a pan-European agreement with other manufacturers with regard to pricing. “Also, the company has not delayed the introduction of new engines […]
The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT.
The RHA has said that compensation in its legal case against the truck manufacturers involved in the price-fixing scandal could yield around £6,000 per truck.