Scania fights claims of price fixing in Europe

Scania is fighting back against allegations it was involved in a price-fixing scheme in Europe.

Scania is the only truck maker fined by the European Commission (EC) in September to appeal that decision, maintaining its innocence against charges it participated in a cartel with other truck makers to fix pricing. The company has filed an official appeal against the EC decision.

There are two current class action lawsuits over the scheme, the Handy Shipping Guide reports.

The other companies involved have agreed to a settlement. They are Volvo/Renault, Iveco, Daimler, DAF and MAN. All companies have admitted to price-fixing in collusion with each other and agreed to pay a collective 2.93 billion euros.  

Scania maintains its innocence in the collusion and noted that it has gone out of its way to cooperate with the EC. It also stated in the appeal how it “has not entered into any pan-European agreement with other manufacturers with regard to pricing.” It also denied any effort to delay introduction of new European Union compliant engines fitting the exhaust emissions regulations mandated by the EC.

Of the 2.93 billion euros’ collective fine, 880 million was supposed to be shouldered by Scania. Since Scania was the only company not to subject itself to any settlement agreement, it got much of the focus of the EC’s investigation eventually uncovered the following:

These issues were identified from the years 1997 to 2011. The EC, which studied Scania’s sales of heavy trucks in the EEA, used the word “cartel” in describing “the high combined market share of all participating companies” among others.

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