SEOUL — South Korea’s anti-trust regulator stated it’s going to impose a mixed high-quality of 42.3 billion received ($33.48 million) on Mercedes-Benz, BMW, Volkswagen and Audi for colluding to rig emissions of its diesel vehicles utilizing software program.
The 4 have been concerned in collusion that decreased competitors and restricted shopper alternative, the Korea Truthful Commerce Fee (KFTC) stated on Thursday.
Mercedes was fined 20.7 billion received, BMW 15.7 billion received and Audi 6 billion received, the regulator stated, including that VW was not fined as a result of it didn’t earn income related to the problem.
Final yr, Mercedes and its Korean unit have been fined 20.2 billion received for false promoting tied to emissions of diesel passenger autos.
The European Fee in 2021 fined VW and BMW a complete of 875 million euros for colluding to curb using emissions cleansing know-how that they had developed.
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