Europe fines Scania €880 million for participating in trucks cartelStaff Writer | September 27, 2017
The European Commission has found that Scania broke EU antitrust rules.
Transportation Scania colluded for 14 years
The Commission has imposed a fine of €880,523,000 on Scania.
In July 2016, the Commission reached a settlement decision concerning the trucks cartel with MAN, DAF, Daimler, Iveco and Volvo/Renault.
Scania decided not to settle this cartel case with the Commission, unlike the other five participants in the trucks cartel. As a result, the Commission's investigation against Scania was carried out under the standard cartel procedure.
Commissioner for Competition, Margrethe Vestager, said: "Today's decision marks the end of our investigation into a very long lasting cartel - 14 years.
"This cartel affected very substantial numbers of road hauliers in Europe, since Scania and the other truck manufacturers in the cartel produce more than 9 out of every 10 medium and heavy trucks sold in Europe.
"These trucks account for around three quarters of inland transport of goods in Europe and play a vital role in the European economy.
"Instead of colluding on pricing, the truck manufacturers should have been competing against each other - also on environmental improvements."
Road haulage is an essential part of the European transport sector and its competitiveness depends on truck prices.
This decision relates specifically to the market for the manufacturing of medium (weighing between 6 to 16 tons) and heavy trucks (weighing over 16 tons). ■