€458 Million Penalty: The High Cost of Auto Industry Cartels

The Commission has fined 15 major car manufacturers and the European Automobiles Manufacturers’ Association (ACEA) a total of around €458 million for participating in a long-lasting cartel concerning end-of-life vehicle recycling. Mercedes-Benz was not fined, as it revealed the cartel to the Commission under the leniency programme. All companies admitted their involvement in the cartel and agreed to Read more about €458 Million Penalty: The High Cost of Auto Industry Cartels[…]