Edwin Coe’s Trucks Cartel class action claim value grows to over £100m

With growing interest in the European trucks cartel claim against truck manufacturers, Edwin Coe is delighted to announce that its class action group has hit 125 members, equating to a claim value of over £100m. Edwin Coe, the pioneering class action firm in Britain with a track record of successful actions for over 30 years, first issued a Trucks Cartel claim on behalf of clients in the High Court in 2018.

Class Action specialist, Zahira Hussain, an Edwin Coe Partner, said “Edwin Coe is once again at the forefront of the battle against cartels. We are litigating these claims in both the High Court and the Competition Appeal Tribunal and now over 125 businesses, large and small, have come to us to use our expertise in this area of the law, from small enterprises to major breweries, to renowned high street names, all of which claim losses of tens of millions pounds at the hands of the cartel. As well as relying on our peerless experience fighting cartels, our clients have the benefit of insurance that gives a guaranteed return on damages awarded, without any risk. No wonder businesses are fighting their way to the Edwin Coe door.”

“As a result of the cartel, any business which purchased, leased or outsourced trucks weighing six tonnes or more between 1997 and 2011 is likely to have overpaid for its trucks. Edwin Coe is seeking damages from the truck manufacturers on behalf of clients.”

“We are delighted that we are already assisting so many clients on a no win, no fee basis, with the ability to continue doing so for future claimants. Our website carries a wealth of further information on the action, and I would be delighted to discuss it further with anyone who has an interest in signing up to this class action.”

Contact us
Edwin Coe’s Trucks Cartel team is able to advise on all aspects of the claim across Europe. If you or your business used trucks (whether bought, rented or leased) in the period, please contact Zahira Hussain in order to discuss the matter further.

Background
Five truck manufacturers, MAN, Volvo/Renault, Daimler, Iveco and DAF, have admitted to the European Commission that they participated in a price fixing cartel against purchasers of their trucks from 1997 until 2011. There has also been a finding against a sixth manufacturer, Scania, by the European Commission.

In 2018, Edwin Coe issued a first claim on behalf of clients in the High Court. The firm recently issued two more claims in the High Court on behalf of further clients in November 2020.

The team dealing with the claims is considering making further claims on behalf of clients. If you or your business bought, leased or outsourced trucks weighing 6 tonnes or more, here or in Europe, between 1997 and 2011 (the cartel period), you will have a claim.

Edwin Coe has funding in place, which means you can pursue your claim without cost or risk, subject to assessment of the claim.

Edwin Coe’s Class Action Team
Edwin Coe is at the forefront of the growing field of class actions. We are one of a handful of UK firms specialising in this type of work, bringing cases against entities whose actions have caused damage to small or large groups of people. We advise on the stages involved in pursuing a class action and the various options for funding.

Further Information
Our Truck Cartel portal is available here