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Europe Daily Bulletin No. 12758

9 July 2021
ECONOMY - FINANCE / Competition
Commission fines five car manufacturers EUR 875 million for restricting competition in emission cleaning for new diesel passenger cars
Brussels, 08/07/2021 (Agence Europe)

The European Commission decided on Thursday 8 July to impose a total fine of EUR 875.189 million on Daimler, BMW and the Volkswagen Group (Volkswagen, Audi and Porsche). These companies breached EU antitrust rules by colluding on technical development in the field of nitrogen oxide cleaning.

Executive Vice-President of the Commission Margrethe Vestager, in charge of competition policy, told the press: “These car manufacturers illegally colluded to restrict competition in the area of...

Contents

ECONOMY - FINANCE
EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
EXTERNAL ACTION
SECURITY - DEFENCE
EU RESPONSE TO COVID-19
COURT OF JUSTICE OF THE EU
NEWS BRIEFS