Poland’s consumer watchdog UOKiK announced on Wednesday, January 15, it was fining Volkswagen more than 120 million zlotys (US$31.6 million) for misleading customers about the emissions of its vehicles., reported Reuters.
The fine, the biggest ever given by the regulator for violation of consumer rights, is the latest chapter in a global emissions cheating scandal that has cost Volkswagen about 3€0 billion euros in fines, vehicle refits, and legal costs, and also triggered a global backlash against diesel vehicles.
“False information in advertising materials caused misinformation – they referred to Volkswagen’s pro-ecological attitude, when in fact the cars were not environmentally friendly,” UOKiK president Marek Niechcial said in a statement.
Volkswagen in 2015 admitted to cheating US emissions tests on diesel engines.
Full Content:
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 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