Mexican Media Brands
EC’s Cartel Investigators Raid Daimler, VW Offices
The European Commission’s probe into alleged collusion among German carmakers conducted raids earlier today on Daimler and Volkswagen offices.
#legal
Share
The European Commission’s probe into alleged collusion among German carmakers conducted raids earlier today on Daimler and Volkswagen offices.
The searches follow a similar visit to BMW’s headquarters last week. The EC’s antitrust unit aims to determine whether the companies operated a cartel that controlled technologies and set prices.
Last week Daimler said it had declared itself a whistleblower and filed an “application for immunity” with the EC earlier this year. Reuters reports that the commission says only that Daimler is eligible for leniency under rules that reduce fines for participants who provide material evidence of wrongdoing.
RELATED CONTENT
-
VW Is Storing Nearly 300,000 Repurchased Diesels in U.S.
Volkswagen AG has stashed about 294,000 diesel-powered cars across the U.S. that it bought back from customers after admitting the vehicles were rigged to evade U.S. emission laws.
-
Ex-FCA Official Pleads Guilty in Labor Training Fund Scandal
Alphons Iacobelli, a former head of labor relations for Fiat Chrysler Automobiles NV in the U.S., has pleaded guilty of stealing millions of dollars from an employee training fund.
-
Report: Ghosn Kept List of Hidden Compensation
Japanese prosecutors have found a list apparently created by former Nissan Motor Co. Chairman Carlos Ghosn that charts compensation the company didn’t report but he expected to receive, The Nikkei says.