European Commision Fines Volkwagen And BMW $1Billion For Holding Back Development

The European Commission has fined Volkswagen Group and BMW the sum of $1 billion for colluding with Daimler to hold back the development of technology that could have reduced harmful emissions from their vehicles.

In a statement released on Thursday, July 8, the Commission said the three German carmakers, along with Volkswagen subsidiaries Audi and Porsche, breached EU antitrust rules by agreeing to avoid competing on technical development in the area of nitrogen oxide cleaning.

According to the Commission, the charges relate to conduct that took place between 2009 and 2014, when the carmakers held “regular technical meetings” to discuss the development of technology that eliminates harmful nitrogen-oxide emissions from diesel passenger cars.

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