How did the EU find out?
In 2011 the Commission raided the truckmakers’ offices after it had received a tip from a whistle-blower – MAN. Finalising the investigation into the “huge and complex” trucks cartel took another 5 years but when the verdict was reached it was singularly damning:
“The European Commission has found that MAN, Volvo/Renault, Daimler, Iveco, and DAF broke EU antitrust rules. These truck makers colluded for 14 years on truck pricing and on passing on the costs of compliance with stricter emission rules. The Commission has imposed a record fine of € 2 926 499 000.”
A year later, after denying any wrongdoing, Scania was also fined, bringing the total cartel fine to a record €3.8 billion.