Cartel settlements: the European Commission fines maritime car carriers and car parts suppliers a total of €546 million

Cartels, EU, Fines, SettlementsLeave a comment

  On February 21, 2018, in three separate settlement decisions, the European Commission fined four maritime car carriers €395 million, two suppliers of spark plugs €76 million, and two suppliers of braking systems €75 million for having concluded anti-competitive agreements in breach of article 101 TFEU. I. Maritime car carriers The Commission found that the…

The Commission fines five car safety equipment suppliers

Cartels, EU, Fines, PUBLIC ANTITRUST ENFORCEMENT, SettlementsLeave a comment

The European Commission has fined Tokai Rika, Takata, Autoliv, Toyoda Gosei and Marutaka a total of € 34 million for breaching EU antitrust rules. The five suppliers acknowledged their involvement in the cartels and agreed to settle the case. Takata was not fined for three of the cartels as it revealed their existence to the…