By Hyunsu Yim
SEOUL, Feb 9 (Reuters) – South Korea’s anti-trust regulator said on Thursday it would impose a combined fine of 42.3 billion won ($33.48 million) on three German automakers for colluding to curb emissions-cleaning technology for their diesel cars.
Mercedes-Benz (MBGn.DE), BMW (BMWG.DE), Volkswagen (VOWG_p.DE) and Audi were involved in collusion that reduced competition and restricted consumer choice, the Korea Fair Trade Commission (KFTC) said in a statement.
Mercedes-Benz was fined 20.7 billion won, BMW 15.7 billion won and Audi 6 billion won, the regulator said, adding that Volkswagen was not fined because it did not earn revenue relevant to the issue.
Mercedes-Benz said the company had cooperated fully with the KFTC and “will not have to pay any fine,” citing the outcome of a similar probe by the European Commission.
“The case related to the same set of facts which has been subject to the European Commission’s proceedings and where Mercedes-Benz acted as a leniency applicant and did not have to pay a fine,” a Mercedes-Benz spokesperson said in a statement.
The KFTC declined to comment on Mercedes-Benz’s statement.
BMW, Volkswagen and Audi were not immediately available for comment outside business hours.
Last year, Mercedes-Benz and its Korean unit were fined 20.2 billion won for false advertising tied to gas emissions of diesel passenger vehicles.
($1 = 1,263.4200 won)
