Volkswagen Group and BMW have been fined $1 billion for colluding to hold back development of technology which could have reduced harmful emissions from their vehicles. The fine was issued by the European Commission, which on Thursday stated that the two German carmakers, along with Daimler and VW subsidiaries Audi and Porsche, breached EU antitrust rules by agreeing to avoid competing on technical development in the nitrogen oxide cleaning area.
The five manufacturers possessed the required technology to reduce harmful emissions beyond what was legally required under EU emission standards. This was however avoided to compete on using this technology’s full potential to clean better than what is required. Volkswagen said it was considering whether to appeal the ruling, stating that it is the first time the commission prosecuted technical cooperation as an antitrust violation.
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Photo Source: Quartz