Click For Photo: https://i.dailymail.co.uk/1s/2019/04/05/20/11918598-0-image-a-4_1554492160360.jpg
German car giants BMW, Daimler and Volkswagen colluded to limit the development of emissions-cleaning technology in cars, European investigators claim.
The EU antitrust regulator said an in-depth investigation found the companies broke EU laws from 2006 to 2014 with an illegal cartel-style agreement to limit the rollout of the technology, which helps clean exhaust emissions from petrol and diesel passenger cars.
Actions - Europeans - Options - Cars - Price
The alleged actions would have limited Europeans’ options for less polluting cars, but not their price.
The commission said it has concluded that BMW, Daimler and the VW group - Volkswagen, Audi and Porsche - held so-called ‘circle of five’ meetings to rig competition in emissions technology.
Result - Consumers - Opportunity - Cars - Technology
‘As a result, European consumers may have been denied the opportunity to buy cars with the best available technology. The three manufacturers now have an opportunity to respond to our findings,’ EU competition commissioner Margrethe Vestager said.
A VW spokesman confirmed to AFP that the German automaker had received the report and would ‘examine the complaints and issue a statement after evaluating the...
Wake Up To Breaking News!
With God all things are possible, but not probable.