News

14/07/2017

Truck manufacturers found guilty of committing cartel fraud

ACS (the Association of Convenience Stores) has been made aware of a legal case being pursued across the EU against five truck manufacturers; MAN, Volvo/Renault, Daimler, Iveco and DAF. 

These truck manufacturers have been found guilty of committing cartel fraud (price fixing) against purchasers of trucks from 1997 to 2011. If your business bought or leased trucks in that period then you can pursue a claim for the damages consequent on the cartel.

ACS has been alerted to the case by Edwin Coe, a law firm that they have worked with for a number years on a range of competition issues. Edwin Coe are now pursuing claims against the truck cartel fraudsters.  They can offer those of you who are affected by the cartel fraud referred to below a redress process that is effective and cost efficient, avoiding all risk in the claim.  They have both a funder and insurance cover in principle, so that your litigation costs are covered in full along with any potential adverse costs, were the claim to be unsuccessful.  The payment for that risk-free process is a maximum of 35% of the damages.

There will be many other law firms pursuing this case, which members can engage with, however Edwin Coe has brought this to ACS’ attention and they have reported a positive experience of working them in the past.

If you wish to contact Edwin Coe directly please contact; Zahira Hussain (senior associate) on 020 7691 4164 or Zahira.hussain@edwincoe.com.

 

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