Truck maker Scania to appeal $1 billion fine over price fixing charges
Five other truck makers reached settlement agreement last year
Scania said it would appeal a decision by the European Commission to charge the truck maker with a 880.5 million euro ($1.03 billion) fine for fixing truck prices between 1997-2011.
“Scania strongly contests all the findings and allegations made by the European Commission, the company said in a statement. The company added it “has co-operated fully with the European Commission by providing it with requested information and explanations throughout the entire investigation period.”
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Source:: http://fleetowner.com/trucks/truck-maker-scania-appeal-1-billion-fine-over-price-fixing-charges
