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Norway: Post office sues truck makers for cartel activities

By  |  June 17, 2018

 

The Norwegian postal service sued truck makers involved in an alleged long-running price-fixing cartel, adding a new challenge to companies including Daimler AG, Paccar Inc.’s DAF and AB Volvo after they paid the European Union’s record fine for the scheme.

Posten Norge says it suffered financially from the collaboration, which brought US$3.4 billion in fines in 2016 for fixing prices of medium- and heavy-duty vehicles between 1997 and 2011.

Volvo spokesperson Joakim Kenndal said the Swedish company’s assessment is that customers haven’t suffered as a result of the truck makers’ exchange of data. Volvo has received other damage claims and there are legal processes ongoing, though the company can’t estimate the amount of potential liabilities, he said.

Full Content: Transport Topics

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