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Car makers settle competition law case with UK's antitrust regulator
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Car makers settle competition law case with UK's antitrust regulator
Apr 1, 2025 9:18 AM

April 1 (Reuters) - Ten car manufacturers, including BMW and

Ford, and two trade bodies have reached a settlement with the UK's

competition regulator to pay 77.7 million pounds ($100.43 million) in a fine

after admitting to breaking competition law in relation to vehicle recycling,

Competition and Markets Authority said on Tuesday.

"These manufacturers illegally agreed not to compete against one another

when advertising what percentage of their cars can be recycled," UK's CMA said.

($1 = 0.7737 pounds)

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