Mexican Media Brands
Skoda Fined €1.8 Million for Profit Margin Fixing
The Czech Republic has fined Volkswagen AG's Skoda unit 49 million Czech korunas (€1.8 million) for manipulating distributor margins in 2011-2012, Reuters reports, citing the government's anti-monopoly Web site.
#legal #economics
Share
The Czech Republic has fined Volkswagen AG's Skoda unit 49 million Czech korunas (€1.8 million) for manipulating distributor margins in 2011-2012, Reuters reports, citing the government's anti-monopoly Web site.
The fine was imposed in December. But the government tells the news service it didn't announce the levy until now because it needed to remove confidential information from its ruling.
RELATED CONTENT
-
VW Asks to Delay U.S. Diesel Emission Trials Over Hitler Reference
Volkswagen AG has asked a judge to delay several U.S. lawsuits involving rigged diesel emission controls because a lawyer representing hundreds of VW customers made “inflammatory” comments about the company.
-
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.
-
Uber Settles with Family of Woman Killed in Self-Driving Car Crash
Uber Technologies Inc. has quickly settled on damages to the survivors of a woman killed in Tempe, Ariz., last week by an Uber test vehicle operating in autonomous mode.