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BMW not eager on settling EU cartel examinations

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Germany’s BMW has no enthusiasm for settling examinations by the EU antitrust specialists towards the group and different German carmakers, German journal WirtschaftsWoche wrote about on Friday, referring to group sources.

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In April, EU cartel controllers charged BMW, Daimler, and Volkswagen for plotting to hinder the rollout of cleaner emissions tech between 2006 and 2014.

The European Fee said the intrigue occurred throughout specialised gatherings held by the “circle of five”, to be particular BMW, Daimler and Volkswagen Group’s VW, Audi and Porsche.

BMW had reported it might problem the claims “with every single legitimate mean if necessary”, together with that it was believable the Fee would give a “huge fine” and it might put apart an association of probably greater than 1 billion euros.

BMW was not promptly accessible for touch upon the WirtschaftsWoche report.

Vantage fx

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