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
Tag: Antitrust Damages Directive
Antitrust: Commission fines four consumer electronics manufacturers for fixing online resale prices
The European Commission today fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer for imposing fixed or minimum resale prices on their online retailers in breach of EU competition rules. The fines totalling over €111 million were in all four cases reduced due to the companies' cooperation with the … Continue reading Antitrust: Commission fines four consumer electronics manufacturers for fixing online resale prices
Antitrust: Commission consults stakeholders on draft guidelines to help national courts estimate the economic harm caused by cartels
The European Commission is inviting comments on draft guidelines to help national courts estimate the share of price increases caused by a cartel that are passed on to indirect purchasers and final consumers. The Commission invites views and comments on the draft guidelines by 4 October 2018. The Antitrust Damages Directive helps citizens and companies claim damages … Continue reading Antitrust: Commission consults stakeholders on draft guidelines to help national courts estimate the economic harm caused by cartels