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Daimler’s Spanish unit could be chargeable for cartel damages, EU courtroom adviser says, Auto Information, Automobilnews – Information by Automobilnews.eu

Daimler’s Spanish unit could be chargeable for cartel damages, EU courtroom adviser says, Auto Information, Automobilnews


Daimler’s Spanish unit could be chargeable for damages sought by corporations affected by the German carmaker’s function in a truck cartel sanctioned by EU antitrust regulators 5 years in the past.

BRUSSELS: Daimler’s Spanish unit could be chargeable for damages sought by corporations affected by the German carmaker’s function in a truck cartel sanctioned by EU antitrust regulators 5 years in the past, an adviser to Europe’s high courtroom mentioned on Thursday.The European Fee in 2016 handed out a then document 2.9 billion euros to the cartel which included Daimler, Swedish firm Volvo, Iveco, which is a part of Italian truck and tractor maker CNH Industrial, and DAF Vehicles, owned by U.S. firm Paccar.

“A nationwide courtroom can order a subsidiary firm to pay compensation for the hurt brought on by the anti-competitive conduct of its guardian firm in a case the place the Fee has imposed a tremendous solely on that guardian firm,” Giovanni Pitruzzella, advocate common on the Luxembourg-based Courtroom of Justice of the European Union (CJEU) mentioned in a non-binding opinion.

“For that to be the case, the 2 corporations should have operated available on the market as a single enterprise and the subsidiary should have contributed to the achievement of the target and the materialisation of the results of that conduct,” he mentioned.



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Daimler’s Spanish unit could be chargeable for cartel damages, EU courtroom adviser says, Auto Information, Automobilnews – Information by Automobilnews.eu
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