German car probe opens new front for EU antitrust
MLex Market Insight
MLex Market Insight
4.9 • 9 Ratings
🗓️ 21 September 2018
⏱️ 12 minutes
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| 0:00.0 | Hello and welcome to another MLEX podcast. I'm Sam Wilkin, Brussels news editor, and today we're going to talk about the EU's new antitrust investigation into German carmakers. |
| 0:15.0 | The European Commission is looking into whether BMW, Daimler, Volkswagen, Audi and Porsche colluded to hold back the development of |
| 0:23.0 | emissions technologies. It's far from a typical cartel case and so it's bound to cause some |
| 0:27.9 | controversy. I'm joined now by Matthew Newman and Nicholas Hurst, who've been following the case |
| 0:32.7 | closely. Hello, Matthew and Nicholas. Hello, Sam. Matthew, just set the scene here. |
| 0:38.5 | What's the context? |
| 0:39.4 | How did this investigation come about? |
| 0:41.4 | Well, you've probably heard that the German auto industry has been under scrutiny for many years. |
| 0:46.9 | And this is because of the Dieselgate scandal. |
| 0:49.3 | And that involved Volkswagen. |
| 0:51.2 | And in particular, the allegation that the car maker manipulated the results of devices that are used to monitor the pollution from diesel cars. |
| 1:03.3 | So I just wanted to say from the outset that this probe doesn't have anything to do with Dieselgate, |
| 1:10.0 | simply because that's a separate investigation, |
| 1:13.3 | and the European Competition Authority is not involved in that. |
| 1:18.0 | But they're related in some way, then. |
| 1:19.9 | Is that how it started, how they got the idea? |
| 1:23.2 | It's related in the sense that there was increased scrutiny of these car makers. |
| 1:28.3 | So when you look at the idea about car companies getting together, colluding, |
| 1:35.3 | working together in some sort of anti-competitive way, that actually is part of the context of Dieselgate. |
| 1:45.0 | There's no direct link in terms of sharing information on the defeat devices. |
| 1:51.7 | But what there is evidence of is that they were working together on the development of clean technology. |
| 1:58.9 | And that technology is essentially used to clean up particulates in the actual diesel fumes |
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