Independent journal on economy and transport policy
20:57 GMT+1
This page has been automatically translated by Original news
Fine record of 2,9 billion euros of Brussels to the producers of truck MAN, Volvo/Renault, Daimler, Iveco and DAF
It is inflicted in order to have agreed the prices of the trucks and transferred to the purchasers the costs of adaptation to the norms on the emissions
July 19, 2016
The EU commission has foisted a fine record of beyond 2,9 billion euros to the producers of truck MAN, Volvo/Renault, Daimler, Iveco and DAF as - Brussels has explained today - the rules of competition of the EU have violated having agreed for 14 years the prices of the trucks and having transferred to the purchasers the costs of adaptation of the vehicles to the severeer norms in matter than emissions. The Commission has specified that all the companies have recognized their participation and have decided to conclude a transaction.
The huge endorsement, pairs to beyond a billion of euro, is inflicted to the Daimler. The DAF is fined for about 753 million euros, Volvo/Renault for about 670 million euros and Iveco for about 495 million euros. No fine is comminata to the MAN as, introducing a demand for immunity, it has revealed the existence of the trust to the Commission.
"Today - it has emphasized - Margrethe Vestager, European commissioner to the Competition - we have hit hardly imposing fines record for this serious crime. Altogether there are beyond 30 million truck on the European roads, that they represent about three quarters of the internal transport goods in Europe and carry out an essential role in the European economy. It is not acceptable that MAN, Volvo/Renault, Daimler, Iveco and DAF, than by themselves produce about 9 on 10 medium and heavy trucks in Europe, have stipulated an agreement, instead competing. For 14 years - Vestager has denounced - these companies have agreed the prices and transferred on the customers the impact of the costs of environmental norms. It is also clearly a message to the companies that the trusts are not allowed".
The today's decision of the Commission follows a communication of debits in November sent 2014 to the truck constructors. A procedure is opened also regarding the Scania Swede, company that is not object of the transaction with the others five producers of truck and for which will continue a normal applied not transattiva procedure for the trust agreements.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The EU commission has foisted a fine record of beyond 2,9 billion euros to the producers of truck MAN, Volvo/Renault, Daimler, Iveco and DAF as - Brussels has explained today - the rules of competition of the EU have violated having agreed for 14 years the prices of the trucks and having transferred to the purchasers the costs of adaptation of the vehicles to the severeer norms in matter than emissions. The Commission has specified that all the companies have recognized their participation and have decided to conclude a transaction.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
