Tuesday

27th Sep 2016

Ticker

EU may hit lorry cartel with €3m fine

The European Commission is expected to announce on Tuesday a €3 million fine to several lorry makers for price-fixing and other cartel-like practices, according to different media. Daimler and MAN from Germany, Sweden's Scania, Netherlands' DAF, Italy's Iveco and Sweden's Volvo, which own French company Renault, could be fined. The commission opened an antitrust probe in the sector in 2014.

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