Truck Makers' Cartel * Europe - Class Action against
* England - UK Road Haulage Group's Class Action. Release of EC decision shows depth of corruption
--- The ongoing case of the European truck cartel which has seen many of the manufacturers collude and conspire with regard to vehicle prices and emissions has reached a new phase with the release this week of the European Commission (EC) settlement decision on the matter... The Road Haulage Association (RHA) which, having obtained the non-confidential version of the EC ruling, says it serves to strongly reinforce the RHA’s determination to pursue the legal action against the manufacturers to reclaim the cost of overpayment for its members. The organisation is appealing for transport firms, whether they are RHA members or not, to get in touch if they want compensation. It also confirms there is no cost to haulage firms in joining the proposed legal action and anyone affected can register their interest here... The companies charged with antitrust activity reads like a who’s who of truck production with Volvo, DAF, Daimler, Fiat, Iveco, MAN and Renault just some of the names linked to the investigation. As several of the manufacturers (MAN, Daimler, Iveco, Volvo/Renault, and DAF) settled with the EC in clear and unequivocal terms, confirming their liability for infringing EU competition rules in relation to the main facts, the decision is not as detailed as it might have been, running to just over thirty pages... The RHA has appointed well known transport law specialist solicitors Backhouse Jones to deal with the class action suit it intends to bring against the truck makers...
(Photo, by Dirk Kruell/Redux: A truck service area in Siegburg, Germany) -- London, UK – Handy Shipping Guide – 11 April 2017