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BMW German carmakers Daimler Volkswagen

News : Business

Germany fines BMW, Daimler, VW over steel cartel

By DW
22 Nov 2019 | 2:43 pm |

German carmakers Daimler, BMW and Volkswagen have been ordered to pay €100 million for forming a cartel to fix steel prices. Germany's competition watchdog has zeroed in the steel industry in recent years.

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