BMW Ready For $1.1B Fine Tied To EU Cartel Probe

Law360 (April 8, 2019, 7:07 PM EDT) -- BMW is steeling itself to be fined €1 billion ($1.1 billion) by the European Union’s antitrust enforcer as the result of a probe into whether the automaker colluded to keep emissions-reducing technology off the market.

BMW Group said Friday that it considers a massive fine “more likely than not” after the European Commission announced that its probe found that BMW conspired with Daimler and Volkswagen to restrict the development of clean-air technologies that aim to reduce environmentally harmful emissions.

“The statement of objections leads the BMW Group to believe that it is probable ... that the EU Commission will issue a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS