Deutsche Bahn leads €240m class action against truck manufacturer cartel
Deutsche Bahn (DB) is leading dozens of German companies in a lawsuit for damages from a ...
© Taina Sohlman
The European Commission’s competition directorate has found truck manufacturer Scania guilty of working with five other producers to fix prices of new vehicles over a 14-year period. While the other firms – MAN, Volvo, Iveco, Daimler and DAF – all admitted the charge, VW-owned Scania had continued to plead its innocence and says it expects to appeal the fine. The manufacturers are could be hit by further penalties if a series of class actions by trucking associations come to court.
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