The European Commission fined Europe’s biggest carmaker Volkswagen 30


Wednesday 30th May 2001

The European Commission fined Europe’s biggest carmaker Volkswagen 30.96m euros ($26.4m; £18.6m) for preventing its German car dealers from selling the Passat model at a discount. The offence lasted for two years after the version of the Passat was introduced in 1996. “The European Commission has decided to impose a fine… for having instructed its German Volkswagen dealers in 1996 and 1997 to show ‘price discipline’ and not to sell the new Passat at prices considerably below the recommended retail price,” said the Commission in a statement. The Commission said that VW had violated Article 81 of the EU treaty prohibiting price fixing.


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