Antitrust: Commission fines three car lighting system producers €27 million in cartel settlement

Author (Corporate)
Series Title
Series Details IP/17/1741 (21.06.17)
Publication Date 21/06/2017
Content Type

On 21 June 2017 the European Commission fined Automotive Lighting and Hella a total of €26 744 000 for participating in an automotive lighting cartel, in breach of EU antitrust rules. Valeo was not fined as it revealed the cartel to the Commission. All companies admitted their involvement and agreed to settle.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-17-1741_en.htm
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