Antitrust: European Commission fines car safety equipment suppliers € 368 million in cartel settlement

The European Commission has fined Autoliv and TRW a total of € 368 277 000 for breaching EU antitrust rules. Takata was not fined as it revealed the cartels to the Commission. The companies took part in two cartels for the supply of car seatbelts, airbags and steering wheels to European car producers. All three … Continue reading Antitrust: European Commission fines car safety equipment suppliers € 368 million in cartel settlement

European Commission report finds active competition enforcement contributes to affordable and innovative medicines

The European Commission has published a report showing that active competition law enforcement, at EU and national level, in the pharmaceutical sector contributes to delivering more affordable medicines and more choice to patients and healthcare systems, and promotes further innovation. Margrethe Vestager, Commissioner in charge of competition policy, said “Giving European patients and healthcare systems access … Continue reading European Commission report finds active competition enforcement contributes to affordable and innovative medicines