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EU: Commission raids BMW in massive cartel case

 |  October 22, 2017

EU antitrust regulators have raided the offices of automaker BMW in Munich, the company said, in a fresh blow to the German car industry already hit by the Diesel gate scandal.

The European Commission, which refused to confirm the company targeted, said it “can confirm that as of October 16, 2017 its officials carried out an unannounced inspection at the premises of a car manufacturer in Germany.”

The inspection was related to “concerns that several German car manufacturers may have violated EU antitrust rules that prohibit cartels and restrictive business practices,” a statement said.

The Commission added that Daimler was cooperating with the Commission and could accordingly offer the firm leniency in the case.

“The inspection is linked to complaints against five auto companies that were reported in the media last July,” BMW said in a statement that confirmed the raids.

Deutsche Welle reported in July that German carmakers Volkswagen, Audi, Porsche, BMW and Daimler secretly worked together from the 1990s on car development, construction and logistics, including how to meet increasingly tough diesel emissions criteria.

Both buyers and suppliers of the auto giants suffered from the under-the-table deals, the magazine alleged.

Full Content: DW

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