DB Schenker agrees final cartel settlement with Cathay Pacific
Deutsche Bahn (DB) has received the final payout from an ‘air cargo cartel’, after Cathay ...
Taina Sohlman
By Alex Lennane
Deutsche Bahn (DB) is leading dozens of German companies in a lawsuit for damages from a cartel of truck manufacturers.
This morning, the German company filed a lawsuit in Munich against DAF, Daimler, Iveco, MAN and Volvo/Renault.
They illegally agreed on gross list prices for trucks between 1997 and 2011 and have received fines totalling €3.8bn. Now they face class actions from customers as well.
Deutsche Bahn has joined its claim with that of the German Armed Forces, which also had been “severely affected”, and 40 or so ...
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