EU hits truckmaker Scania with 880 mn euro fine
EU
Brussels - Egypt Today
The EU slapped a huge fine of 880 million euros ($1.0 billion) on European truckmaker Scania on Wednesday, accusing the firm of colluding to fix prices and dodge the costs of stricter pollution rules.
Scania, owned by German auto giant Volkswagen, was the only holdout in the EU's massive cartel case in which five other truck builders admitted to the wrongdoing and received a record fine of three billion euros.
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