Ian Jones, executive at Daimler’s U.K. truck unit, arrested by the police

Article by Christian Andrei, on September 20, 2010

As part of a cartel probe by British antitrust regulators, police has arrested an executive of Daimler AG's U.K. truck unit. Mercedes spokesman Simon Wood said that police detained Ian Jones, the head of the U.K.

Mercedes-Benz truck division, earlier this week. The Office of Fair Trading, which probes and prosecutes antitrust violators, has been investigating Mercedes, Volvo AB and at least three other truck makers.

The last probe that the agency conducted that is of this magnitude was the collapse in May of the OFT's case against four current and former British Airways Plc executives who were alleged to have conspired with Virgin Atlantic Airways Ltd. related to fuel surcharges.

A separate investigation into the auto industry in Britain was begun last February. In an e-mailed statement, Wood said that Mercedes has “no knowledge of wrongdoing” and that it is presumed innocent.

Wood added that the legal process is ongoing, making the company unable to comment further. Last Thursday, OFT had entered Mercedes’ offices in Tongwell, England, as part of its probe. [via autonews - sub. required]

Topics: daimler, uk

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