Deutsche Bahn AG claims EUR 500 million

In June 2017 Bild am Sonntag reported that German rail giant Deutsche Bahn was to bring a multi-million Euro damage claim against the EU Truck Cartel.

 

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Who are we suing?

We Are Suing the Truck Manufacturers.

Suing a truck manufacturer does not impact your business relationship with your truck dealer in any way.

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Why is the process so slow?

It is a well known fact now that processing Truck Cartel damage claims can take several years.
But why does it take so long and why is it worth the wait?

 

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Extent of damage - the catch in the case

Whereas it may be easy to determine the fate of Truck Cartel members held liable for damages, given the final decision made by the European Commission it is not easy to determine the extent of the damage they caused.

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Potential claimants – numbers on the rise

In 2011 the European Commission restored fair trade across Europe when they ended the 14 year long Truck Cartel Period.

 

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Tens of thousands of claims across Europe

Following the exposure of the Truck Cartel in 2011, Volvo confirmed that it will set aside 650 million EUR by 2016 in preparation for the losses.

 

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MAN - the whistleblower

The European Commission conducted an unexpected investigation in 2011. The more details that have been revealed, the larger the investigation has become and what was the expected outcome has become reality regarding the existence of the Truck Cartel and its impact on thousands of businesses in the transportation industry.

 

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The Cartel

'Our group' - Our Cartel
 
The investigation of the European Commission found that the first meeting between senior managers of truck producers took place right there in Brussels, in January 1997. This date has marked the beginning of a 14 year period.

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The Truck Refunds to come

Once upon a time, as many stories begin, there was a Truck Cartel.

Let us bring you the entire picture.

 

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The Costs of Profit maximization

When we talk about business, every decision comes down to profit and loss. All business decisions consider related costs.

 

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