India, Oct. 18 -- The OLG Stuttgart, Stuttgart"s Higher Regional Court, has ruled in connection with what has become known as the "truck cartel" that an aggrieved buyer is in principle entitled to claim damages from Daimler AG (Az.: 2 U 101/18).
From 1997 to 2011, the truck manufacturers Daimler, MAN, Volvo/Renault, DAF, and Iveco entered into illegal price-fixing arrangements. In 2011, this so-called "truck cartel" was uncovered. We at the commercial law firm MTR Rechtsanwalte https://www.mtrlegal.com/en.html can report that a fine running into billions of euros was subsequently imposed by the European Commission against the manufacturers in 2016.
The European Commission"s decision serves as proof that antitrust law has been violated and...