Brussels, 19/07/2016 (Agence Europe) - On Tuesday 19 July, the European Commission handed down a fine of a record sum of €2.9 billion to the 'truck cartel'.
As the Commissioner for Competition, Margrethe Vestager, made clear, this amount is twice the previous record fine imposed in 2012. “But there are good reasons for this. In particular, this cartel concerns a very large market and continued for a long period of time”, she explained. The cartel started in 1997 at a meeting of...