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Holland Transport

News

08 Feb 2019

7,800 hauliers claim compensation for truck price fixing

Transportonline
hauliers

RHA is working tirelessly to ensure that truck operators who suffered as a result get the compensation they deserve.

 

More than 7,800 truck operators have signed up or registered to the Road Haulage Association’s claim for compensation from a group of commercial vehicle manufacturers who were found to be operating a price fixing cartel.

 

The claim, estimated to be worth more than £1.5bn, follows the 2016 European Commission ruling that a number of truck manufacturers had been illegally fixing truck prices between 1997 and 2011.

 

The RHA has published a legal notice ahead of a Competition Appeal Tribunal hearing in June which will decide whether the Association will be appointed class representative to go ahead with its compensation claim.

 

RHA chief executive, Richard Burnett said: “The truck cartel operated for 14 years and it’s likely that its impact on truck prices continued even beyond that. We’re working tirelessly to ensure that truck operators who suffered as a result get the compensation they deserve.” Read more

 

 

Source: LOGISTICS MANAGER

 

 

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