cartel

EU Slaps Record Cartel Fine of $3.24 Billion on Truck Firms

The European Union has slapped its biggest ever cartel fine, worth $3.24 billion and twice the previous record, on several of Europe's top truck producers for colluding to keep prices artificially high at the expense of consumers. EU Antitrust Commissioner Margrethe Vestager said EU-based MAN, Volvo/Renault, Daimler, Iveco...