It could be at least another year before collective claims for compensation over price-fixing by a cartel of truck makers is heard pending the outcome of another case in the Supreme Court. Steven Meyerhoff, director at solicitor Backhouse Jones, said the process had been halted by another landmark case that is testing the standards applied to a collective proceedings order in a major competition claim. Backhouse Jones is working with the RHA on its proposed claim, which has 11,100 operators […]
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).
European truck manufacturers have been hit with a record €2.9bn (£2.5bn) fine after they colluded for 14 years on truck pricing and on passing on the costs of compliance with emissions rules.
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.