08
Jul
17:16
European carmakers formed cartel to delay lower emission development: EC
The European Commission said on Thursday that Daimler, BMW and Volkswagen Group formed a cartel to delay the development of cleaner, lower emission cars, Kallanish reports
The antitrust watchdog issued the companies with a combined fine of €875 million (1.03 billion). However, Daimler was exempt of charges as it revealed the existence of the cartel to the EC. BMW was fined €372.82m and Volkswagen Group -- which includes the brands Volkswagen, Audi and P…
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Anonymous
Very good overview of the weekly steel market.
Anonymous