Volkswagen agreed to a $3.5 million settlement with Ohio over claims the German automaker violated state laws by manipulating vehicle computer software in its vehicles to mask carbon dioxide emissions, the state attorney general said.
In November, the US Supreme Court rejected Volkswagen’s bid to avoid lawsuits filed by officials in three states including Ohio.
Volkswagen’s US subsidiary argued that under the Clean Air Act, the landmark U.S. environmental law, only the federal government can pursue emissions claims. VW noted it had already reached a settlement of more than $20 billion with the U.S. Environmental Protection Agency and owners.
“This agreement fully resolves Ohio’s legacy claims and puts this matter behind the company as we focus on building a future of sustainable mobility,” VW said Friday.
Texas and two counties in Utah and Florida have pending lawsuits. The settlement is a fraction of what Ohio had previously sought. VW said in prior court papers that Ohio’s claims could have totaled “$350 million per day, or more than $127 billion per year, over a multi-year period.”
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
FCC Votes to Restore Net Neutrality Rules
Apr 25, 2024 by
nhoch@pymnts.com
Apple Rejects Spotify’s Updated App Over In-App Pricing Disclosure
Apr 25, 2024 by
CPI
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 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