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 […]
Calls have been made for further investigations in the UK into alleged price-fixing in the oil industry, after European anti-trust regulators confirmed they had carried out raids on several firms involved in the sector.
Truck manufacturers have responded to the combined €2.9bn (£2.5bn) fine they were issued by the European Commission (EC) yesterday (19 July).
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.