Judge fines Volkswagen $125M after slamming ‘manifestly inadequate’ ACCC settlement

Competition & Consumer Protection 2019-12-20 11:45 am By Miklos Bolza | Sydney

A Federal Court judge has slapped Volkswagen with a record $125 million penalty over its emissions cheating scandal after expressing outrage at a “manifestly inadequate” $75 million settlement agreement reached with the Australian Competition and Consumer Commission.