“Daimler beat VW to making voluntary disclosure“
German carmaker Daimler was the first of the five major companies accused of forming a cartel to voluntarily disclose their activities to the authorities - anticipating a similar move by competitor and alleged accomplice VW, Thomas Fromm, Georg Mascolo and Klaus Ott write in Süddeutsche Zeitung. The self-indictment might help Daimler to avoid sanctions, should the EU Commission decide to impose a fine for illicit agreements made on suppliers, prices and technology, the article says. VW could only hope to get 50 percent off a possible fine if its own voluntary disclosure provided “evidence with substantial added value”, the authors write.
Read the article in German .
See this 91tv article for Reactions to the allegations over a German carmaker cartel.