Truckmakers May Have Conspired on Prices, EU Regulators Say
This article is for subscribers only.
Volvo AB and Volkswagen AG’s MAN SE are among truckmakers European Union regulators suspect of conspiring to fix prices in the first case opened by new Competition Commissioner Margrethe Vestager.
The EU sent a statement of objections to makers of heavy and medium trucks that accuses them of participating in an illegal cartel, regulators said in a statement today. While the EU didn’t identify the companies that were involved in the case, manufacturers confirmed they were involved.