Two applications to represent the industry and seek compensation for vehicles bought while a truck cartel was in operation have been made to the Competition Appeal Tribunal (CAT). The European Commission issued the record €2.9bn (£2.5bn) fine to Daimler, DAF, Volvo Group and IVECO in 2016 after concluding the OEMs had operated a cartel between 1997 and 2011. MAN was found guilty but as the whistleblower avoided a monetary punishment. Scania was later fined €881m for its involvement in the […]
The claim for compensation against the big six European truck manufacturers for agreeing gross list prices for new vehicles over 7.5 tonnes sold between 1997 and 2011 has reached a crucial point, as the Competition Appeal Tribunal (CAT) will decide early in 2019 which of the competing class actions it will select to go ahead.
Scania is to appeal today’s €881m (£771m) fine from the European Commission (EC) over price-fixing, after refuting the findings.
A third group action has been registered with the Competition Appeal Tribunal (CAT) seeking redress for those affected by the €3bn truck price-fixing cartel.