Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

ThyssenKrupp, Vossloh Sued Over $728 Million Cartel Claim

ThyssenKrupp AG, Vossloh AG and Moravia Steel were sued for damages by Deutsche Bahn AG for fixing the prices for rails.

Deutsche Bahn filed a suit at the Frankfurt Regional Court after settlement talks failed, the railway said in an e-mailed statement today. The court confirmed the suit and said Deutsche Bahn valued the claims at 550 million euros ($728 million).

“In recent months, we appealed to the understanding of the cartel participants and hoped to reach a settlement,” Deutsche Bahn said. The talks have failed to yield “an expedient cooperation.”

ThyssenKrupp, Vossloh and Voestalpine AG were fined a combined 124.5 million euros in July by Germany’s Federal Cartel Office for antitrust violations in the railway-steel market. Under German law, the regulator’s findings are binding in the civil suit.

ThyssenKrupp hasn’t yet received the complaint, the company said in an e-mailed statement. It’s still in talks with Deutsche Bahn over the issue and there was no need to file a suit, it said.

A spokesman for Moravia didn’t immediately return a call seeking comment. A Vossloh spokesman declined to comment.

Deutsche Bahn seeks a judgment holding the companies liable and also wants them to produce information to help calculate the amount of damage caused by the cartel, said Arne Hasse, a court spokesman. The railway also claims the companies have to pay contractual fines because they broke the law, Hasse said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.