[ad_1]
© Reuters. FILE PHOTO: The Volkswagen logo is seen as it launches the ID.6 and ID.6 CROZZ SUVs at a world car premiere at the Shanghai Auto Show in Shanghai, China on April 18, 2021. REUTERS / Aly Song
BERLIN (Reuters) – Volkswagen (DE 🙂 said on Thursday it was considering taking legal action to impose a fine against EU competition, and said the sanction on technical talks on emissions technology with other car manufacturers is a dubious precedent.
“The Commission is entering new judicial territory because, for the first time, it is treating technical cooperation as an antitrust violation,” the German automaker said after receiving a € 502 million ($ 593 million) fine.
“It is also imposing fines, even though the content of the interviews was never set and as a result the customers were not harmed in any way,” Volkswagen added in a statement.
Volkswagen called for clearer guidelines: “The large fines imposed in this case underscore the need for a broader orientation of the Commission so that legal uncertainty does not hinder innovation in Europe,” he said.
($ 1 = 0.8459 euros)
Fusion Media or anyone related to Fusion Media will not be liable for any loss or damage based on information including data, quotes, tables and buy / sell signals on this website. Please be aware that the risks and costs associated with trading on the financial markets are one of the most risky investments possible.
[ad_2]
Source link
