European Commissioner for Europe fit for the Digital Age Margrethe Vestager adjusts her protective face mask during a media conference on an anti-trust case at EU headquarters in Brussels. Photo / APEuropean Commissioner for Europe fit for the Digital Age Margrethe Vestager adjusts her protective face mask during a media conference on an anti-trust case at EU headquarters in Brussels. Photo / APThe European Union on Thursday handed down US$1 billion ($1.4 billion) in fines to four major German car manufacturers, saying they colluded to limit the development and rollout of car emission control systems. "Manufacturers deliberately avoided to compete on cleaning better than what was required by EU emission standards. The European Union on Thursday fined four major German car manufacturers US$1 billion because they colluded to limit the development and roll-out of car emission control systems.

Source: New Zealand Herald July 08, 2021 10:13 UTC