Car Emissions Case: First Sanction of an Anti-competitive Agreement on Technical Development by the European Commission
By EsqSocial Corporation 06/12/21
On Nov. 12, 2021, the European Commission published its decision AT-40178 of July 8, 2021, fining BMW, Volkswagen, Audi and Porsche a total of 875 million euros for their involvement in a cartel within European Economic Area territory, upon the postponement of the introduction of techniques to clean exhaust gases generated by new diesel cars....
By: Kramer Levin Naftalis & Frankel LLP