EU imposes 460 million cartel penalty against car manufacturers

The EU Commission has imposed a antitrust of around 460 million euros against numerous car manufacturers. You have participated in a cartel for years, as the EU Commission announced. While VW has to pay the highest penalty with around 127 million euros, BMW will hit a criminal level of around 25 million euros. According to the Commission, Mercedes-Benz had disclosed the cartel and therefore has no punishment.

Individual agreements with auto modema drives

Specifically, it is about cases between 2002 and 2017. The industry association ACEA and 16 large car manufacturers have said to have made competitive agreements. In doing so, they would have made illegal agreements that companies should not be paid for, for example, to dismantle used vehicles. The carmakers also exchanged their individual agreements with car -compartment drives with each other and coordinated their behavior.

In addition, they would have agreed not to advertise how well their cars could be recycled so that consumers could not take this information into account when choosing a vehicle. In this way, pressure on the companies should be reduced to go beyond the legal requirements.