Is There A European Tractor Cartel?

By Mike Brezonick29 January 2016

According to a Reuters report in Europe, Germany's anti-trust regulator said it was investigating a possible cartel of companies making agricultural machinery, particularly tractors.  It did not name any targets of the probe.

The German agricultural trading group Baywa said the cartel office had searched its headquarters earlier this week on suspicion that some of its employees were involved in anti-competitive agreements.  Baywa said a court order showed several companies from the industry were being investigated, adding it was cooperating with the cartel office.

MAGAZINES
NEWSLETTER
Delivered directly to your inbox, Diesel News Network newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
CONNECT WITH THE TEAM
Mike Brezonick VP, Power Division Tel: +1 262 754 4112 E-mail: mike.brezonick@khl.com
Alister Williams VP Sales Tel: +1 843 637 4127 E-mail: alister.williams@khl.com
CONNECT WITH SOCIAL MEDIA
Latest News
Deutz and ASKO partnership to include engine plans
Cooperation to help Deutz boost service business 
Regulator approves Hyundai deal for Doosan Infracore
South Korean regulator gives green light to deal for Hyundai Heavy Industries Holdings to buy Doosan Infracore
Air Products, Cummins in MOU on fuel cell trucks
Transition of Air Products tractor fleet to zero emissions to start with demonstration program