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Top German automakers sued over 'cartel'

Supplier of VW's cheat software, Robert Bosch Gmbh, was also named as a defendant in the lawsuit

Ryan Beene & Kartikay Mehrotra | Bloomberg 

German’s major automakers were accused in a US lawsuit of acting as a cartel, colluding for nearly two decades to limit the pace of technological advances in their vehicles and stifle competition — allegations that widen the scope of the latest scandal to hit the nation’s auto industry. BMW, Daimler, Volkswagen and its Audi and Porsche brands shared competitive information about vehicle technologies with one another from 1996 through at least 2015 in violation of antitrust laws, according to a complaint filed Friday in San Francisco federal court. “These ...

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First Published: Sat, July 29 2017. 23:30 IST