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Business & Competition & antitrust

Commission fines Scania €880 million for participating in trucks cartel

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Scania’s holding out against settlement always seemed odd. Its sister company, MAN (they’re both owned by VW) was the one that blew the whistle on the cartel in exchange for leniency. Wasn’t Scania at the famous “cosy” Brussels hotel in 1997, or at the cartel’s other meetings? Did they participate through MAN?Time will tell, but it’s good news for damages claimants. If the decision withstands an appeal, it should contain more useful material than the one against the other manufacturers. If you settle, you get to agree the contents.

http://europa.eu/rapid/press-release_IP-17-3502_en.htm

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