The European Union has slapped its biggest ever cartel fine, worth $3.24 billion and twice the previous record, on several of Europe’s top truck producers for colluding to keep prices artificially high at the expense of consumers. EU Antitrust Commissioner Margrethe Vestager said EU-based MAN, Volvo/Renault, Daimler, Iveco and DAF “colluded on the pricing and on passing on the costs for meeting environmental standards to customers.” Germany’s Daimler received the biggest fine of €1 billion ($1.1 billion), followed by €752 million ($832 million) for DAF of the Netherlands, €670 million ($741 million) for Volvo/Renault and €494 million ($546 million) for...