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Europe Daily Bulletin No. 10511

8 December 2011
ECONOMY-FINANCE-BUSINESS / (ae) competition
€161,198,000 fine on producers of refrigeration compressors

Brussels, 07/12/2011 (Agence Europe) - On Wednesday 7 December, the European Commission announced that it has settled a cartel with producers of household and commercial refrigeration compressors, used in fridges, freezers, vending machines and ice-cream coolers.

ACC, Danfoss, Embraco and Panasonic were fined a total of €161,198,000 for operating, together with Tecumseh, a cartel that covered the whole European Economic Area (EEA) from April 2004 until October 2007 (15 November 2006 for...

Contents

INSTITUTIONAL
SOVEREIGN DEBT CRISIS
ECONOMY-FINANCE-BUSINESS
SECTORAL POLICY
EXTERNAL ACTION