On July 19, 2016, the European Commission (“EC”) concluded a five-year investigation and imposed record-breaking fines of over € 2.9 billion on five major truck manufacturers (MAN, Daimler, Volvo/Renault, Iveco and DAF) for antitrust infringements — the so-called “truck cartel..EC, Decision of 19 July 2016, AT.39824, Trucks. On September 27, 2017, Scania ─ which in contrast to the other five manufacturers was unwilling to enter into a settlement with the EC ─ was fined an additional € 880 million for participating in the truck cartel.[1] EC. Decision of 27 Sept. 2017, at 39924, Trucks.Cartel. The antitrust infringements related to trucks weighing between 6 to16 tons and over 16 tons. Its geographical scope extended to the entire European Economic Area (i.e. the 28 EU Member States plus
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The Hanover District Court finds a participant of the trucks cartel liable for damages to the city of Gottingen (MAN Trucks)
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