We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

EU Raids Major Truck Makers In Cartel Probe

Law360 (January 18, 2011, 4:02 PM EST) -- European antitrust regulators on Tuesday raided the offices of a number of the world's largest truck manufacturers, including Daimler AG and Volvo AB, as it launched an investigation into a possible cartel in the industry.

The European Commission began the unannounced inspections in several countries on Tuesday, saying it has reason to believe that the truck makers may have participated in a cartel, engaged in other restrictive business practices or abused their dominant market positions.

The antitrust watchdog did not identify the companies targeted, but several...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.