Critical discussions the federal government will hold on Friday with car makers Volkswagen and Audi, could dictate its reaction to the emissions rigging scandal, as the consumer watchdog and litigators prepare for possible legal action.
Federal Minister for Territories, Local Government and Major Projects Paul Fletcher said the Department of Infrastructure and Regional Development was in regular contact with VW Australia and Audi Australia, and the government would consider appropriate actions after the meeting.
“It is critical that accurate and comprehensive information is provided to the public, and the government has made this expectation clear to VW Australia and Audi Australia,” Mr Fletcher said.
“The government expects full disclosure on affected vehicles once all information has been ascertained.”
The Australian Competition and Consumer Commission warned on Thursday Volkswagen faced fines of up to $1.1 million for every breach of the law, if it is found to have used an emissions-rigging device in Australia.
Full content: The Australian
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Turkey Fines Meta $10.4 Million for Abusing Market Dominance
May 6, 2024 by
CPI
Canadian Watchdog Launches Inquiry into Lululemon’s Greenwashing Practices
May 6, 2024 by
CPI
Massachusetts Supreme Court Deliberates On Ballot Redefining Gig Worker Status
May 6, 2024 by
CPI
European Commission Approves Nippon Steel’s $14.9 Billion Buyout of U.S. Steel
May 6, 2024 by
CPI
Banco Sabadell Rejects Rival BBVA Merger Proposal
May 6, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI