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Image header Agence Europe
Europe Daily Bulletin No. 10673
ECONOMY - FINANCE - BUSINESS / (ae) competition

New investigation into cartels in the automotive sector

Brussels, 23/08/2012 (Agence Europe) - On 9 August 2012, the European Commission opened an investigation into suspected cartels for the supply of automotive electrical distribution systems, also known as wire harnesses, in the European Economic Area (EEA). This case is part of a wider effort to investigate possible cartels in the automotive industry.

In February 2010, the Commission carried out inspections at the premises of a number of wire harness producers.

If established, the suspected...