Business
Four German car manufacturers fined $1 billion over emission collusion – The Sydney Morning Herald
The European Union has handed down $1 billion in fines to four major German car manufacturers on Thursday.
The (EU) Commission is breaking new legal ground with this decision, because it is the first time it has prosecuted technical cooperation as an antitrust violation, the company said in a statement. It is also imposing fines even though the contents of the…
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