Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/180733
Authors: 
Schäfer, Hans-Bernd
Fuhrmann, Ben
Year of Publication: 
2018
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 98 [Year:] 2018 [Issue:] 4 [Pages:] 243-251
Abstract: 
Die Installation von Manipulationssoftware in Diesel-Pkw von Volkswagen führt zu unterschiedlichen Konsequenzen in den USA und in Deutschland. Die deutschen Käufer werden weniger oder gar nicht entschädigt, weil weder die staatliche Regulierung noch die privatrechtliche Haftung wirksam gegriffen hat. Jetzt besteht die Gefahr der Verjährung ihrer Ansprüche zum Jahresende. Die von der Großen Koalition in Aussicht gestellte Musterfeststellungsklage könnte jedoch noch rechtzeitig Abhilfe schaffen.
Abstract (Translated): 
The Volkswagen diesel emissions scandal is a case of market failure, because the harm from vehicle emissions to public health and to the environment was not internalised. This market failure has not been corrected by public regulation, nor by civil liability. There is also a regulatory failure, because the oversight of NOx emissions by the German automobile regulatory agency (Kraftfahrt-Bundesamt) was overly lenient. There is also a corporate governance failure within Volkswagen which made the fraud of installing manipulative software possible. And fi nally, there is dysfunctional law in Germany, which does not allow for class actions or similar types of lawsuits. The new government has announced the introduction of a new procedure (Musterfeststellungsklage) which would avoid this outcome.
JEL: 
K13
L62
Q53
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version

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