Volvo and Scania is reported to have been members of a cartel worked against new environmental technologies.
In addition, investigates the EU Commission truck manufacturers for price-fixing.
It is revealed in documents that the Financial Times aware of.
It is about six European truck manufacturers, in addition to Volvo and Scania will also DAF, Daimler, Iveco and MAN have been involved in the cartel which is said to have existed for 14 years, between 1997 and 2011. Together they have close to 100 per cent of the heavy truck market in Europe.
Unveiled in document
It is the British financial newspaper Financial Times, which noted the documents that reveal truck manufacturers. The documents state that the members of the cartel agreed on both the timing and the rate of introduction of emission-reducing technologies. Suspicions about the cartel arose when producers managed to delay the introduction of new weight and size regulations for heavy trucks.
is being investigated by the European Commission
The six truck manufacturers are investigated since 2011 by the European Commission for suspected price collusion. In November sent the investigator’s assessment of the manufacturers who will now have a chance to respond to the allegations. Volvo liable to be fined for his involvement price collusion, the sum can land at SEK 3.7 billion state the Financial Times.
– transactions will be very difficult. If the whole thing is headed in the evidence we have a very serious offense here, says Margrethe Vestager, the new EU competition commissioner.
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