The EU fined four automotive companies over $1 billion for restricting development of emission-control technology

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The EU said the companies avoided competing on technology that reduces pollution by limiting development and distribution of emission\u002Dcontrol systems

“Manufacturers deliberately avoided competing on cleaning better than what was required by EU emission standards. And they did so despite the relevant technology being available,” said Vestager.BloombergBMW had previously indicated that it would fight the EU, but agreed to settle the probe in May. In a statement to Bloomberg, the company said the EU stopped pursuing allegations of software development to restrict AdBlue dosing, which led to a lower fine.

This marks the first instance of the European Commission imposing fines for collusion that restricts technological developments. Collaboration between car manufactures is allowed under EU rules, said Vestager, when cooperation fosters efficiency gains and the introduction of new technology.Article content

BMW stated that the collaboration with the other auto manufacturers regarding AdBlue tanks did not influence the company’s decisions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines