Royal Mail, BT Say Trucks Cartel 'Blight' Led To £35M Loss
By Christopher Crosby (May 3, 2022, 2:12 PM BST) -- Dutch truckmaker DAF shared sensitive pricing information with competitors in a long-running "blight" that warped prices and overcharged customers, lawyers for BT and Royal Mail said at the start of a £35 million ($44 million) damages trial on Tuesday.
Participation by DAF in a cartel for trucks in Europe for 14 years distorted the market "on a massive scale," a lawyer has told an appeals tribunal. (Jakub Porzycki/NurPhoto via Getty Images) Participation by the major truck manufacturer in a cartel for medium-to-heavy trucks in Europe for 14 years distorted the market "on a massive scale," Tim Ward QC, counsel for the...
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