https://uk.reuters.com/article/uk-ge...KBN1XV15P?il=0
the Germans were being naughty for many years, have been caught, admitted it and finally fined and paid €100,000,000 between them.
Pitiful fine tbh. Should have been enormously more than that. 33m average each is a tiny drop in the ocean vs the years of cheating.
Originally Posted by Advice Trinity by Knoxville
Especially Volkswagen, it's almost certain more will come from them. They're as bent as a 9 bob note.
Zak33 (21-11-2019)
Doesn't surprise me, TBH, but I agree, it's pitiful in size.
On top of consumption-rigging scandals, one just has to hope the PR damage will hit harder than the fine.
Though .... I wonder if US regulators may yet take a chunk out of them too, if this affected US consumers?
Or even EU regulators, as this was Gernany's cartel office? Who has jurisdiction where, I wonder?
A lesson learned from PeterB about dignity in adversity, so Peter, In Memorium, "Onwards and Upwards".
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