Daimler Can't Escape Liability In UK Truck Cartel Suit
Law360, London (May 8, 2019, 9:16 PM BST) -- The U.K.'s competition tribunal on Wednesday struck out an early attempt by Daimler AG to dodge liability in a group action stemming from the European Commission's 2016 €2.93 billion ($3.23 billion) fine against several truck producers for participating in a price-fixing cartel.
The Competition Appeal Tribunal decided that declarations sought by Daimler would "not serve any legitimate, useful purpose" for the main action, which involves a claim for damages allegedly caused by the truck cartel, which the EU body found had fixed prices and stuck consumers with the costs of complying with emissions rules.
The group action, brought by 153 claimants...
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