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Auto News Articles - EU Court Reduces DaimlerChrysler Fine
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EU Court Reduces DaimlerChrysler Fine
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Source: Newsday
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Date:9/16/2005
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Source Link: Click Here |
The European Union's Court of Justice reduced an antitrust fine against automaker DaimlerChrysler AG to 9.8 million euros from 71.8 million euros, annulling a decision by EU regulators that it violated competition rules in Germany and Spain. The EU judges, however, upheld a decision on DaimlerChrysler's conduct in Belgium, where they said the company participated "in an anti-price-slashing agreement with the Belgian dealers."
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