Speaking after a heated meeting to review Sunday's stormy race won by Australian Daniel Ricciardo, Wolff explained that Rosberg, who was booed on the podium, had wanted to make a point by not giving way when the pair collided on lap two.
But that, he said, did not mean he had intended to crash with Hamilton puncturing the Briton's left rear tyre and wrecking his race.
Hamilton retired pointless with four laps remaining after battling at the back of the field and later said Rosberg had told him he had hit him deliberately.
"He said 'I did it to prove a point'. He, basically, said 'I did it to prove a point' and you don't have to just rely on me -- go and ask Toto [Wolff], Paddy [Lowe] and all those guys who are not happy with him as well."
Rosberg, with a broken front wing, survived and finished second to open up a 29-points lead over Hamilton in the title race with seven races remaining.
"If Lewis has said that it's going to be a slap on the wrist, and that there's going to be no consequence, then he's not aware of what consequences we can implement."
Wolff declined to elaborate, but said that Mercedes could do "a lot" and added that the team would re-introduce strict team orders to avoid any repeat incidents that gift victories to their rivals.
"What we have to do is see it as a matter of principle and make sure it doesn't happen again. We had the conversation at the beginning of the season. It was an absolute no-go to crash into each other.
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