RHA led truck cartel compensation action passes 2,000th haulier mark
The RHA lead price-fixing compensation action has attracted more than 2,000 hauliers since it went live in June of this year.
According to the association, which is working on the claim before the Competition Appeal Tribunal in London with legal counsel Backhouse Jones and Exchange Chambers, 650 other hauliers have expressed an interest.
The RHA, which has funding from Therium for the legal action, claimed those already signed up represented circa 120,000 vehicles at 6-tonnes up purchased during the cartel period (1997 to 2011).
Last year, the European Commission handed out a record €2.9bn (£2.5bn) fine to five major truck manufacturers after it found they co-ordinated truck pricing and colluded on passing on the costs of compliance with emissions rules.
MAN, Volvo Group (which owns Volvo Trucks and Renault Trucks), Mercedes-Benz parent Daimler, Iveco and Daf were all found to have broken EU competition rules by forming a cartel to discuss the coordination of factory prices for trucks; timings for the introduction of emissions technology; and passing on the cost of such technology to customers.
Scania's involvement is still subject to investigation.