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Home » UPDATE 1-Top German court rules leasing customers can sue for damages over truck cartel

UPDATE 1-Top German court rules leasing customers can sue for damages over truck cartel

    Germany's highest court ruled on Tuesday that leasing customers can in principle claim damages over price fixing that took place among a cartel of leading European truckmakers between 1997 and 2011. The Federal Court of Justice found that collusion on list prices led to inflated leasing rates, confirming a 2021 ruling by a lower regional court in a case brought by a customer of what was then Daimler AG. After the spin-off of the truck business from Daimler AG, liabilities linked to the cartel lies with Daimler Truck , said the company.

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