EU antitrust regulators, which have drastically narrowed the scope of their case, are set to hand out sharply reduced fines to BMW and Volkswagen for hindering clean air technology, a person familiar with the matter said on Tuesday, May 25.
The European Commission, which charged the three German carmakers in 2019 with colluding to block the rollout of clean emissions technology, is likely to issue the penalties before the summer break, the person said.
The EU competition watchdog had stated previously that the case involved the “circle of five,” namely BMW, Daimler, and Volkswagen Group’s VW, Audi, and Porsche. Daimler will dodge a possible fine as it alerted the wrongdoing to the Commission.
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