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German automakers raided in antitrust probe

Jaclyn Jaeger | October 24, 2017

The European Commission this week confirmed in a statement that European antitrust authorities have carried out inspections at the premises of several car manufacturers in Germany.

The inspections relate to Commission concerns that several German car makers may have violated Article 101 of the Treaty on the Functioning of the European Union, EU antitrust rules that prohibit cartels and restrictive business practices. The inspections follow allegations Volkswagen made last year to European antitrust authorities concerning discussions between itself and rival German car makers, including BMW and Daimler, that they had colluded for decades to fix the price of certain technologies.

On 23 October 2017, the Commission said it carried out an unannounced inspection at the premises of an unnamed car manufacturer. Commission...

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