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Image header Agence Europe
Europe Daily Bulletin No. 10885
ECONOMY - FINANCE - BUSINESS / (ae) anti-trust

€141 million in fines for four producers of car parts

Brussels, 10/07/2013 (Agence Europe) - Concluding an investigation launched in 2010, the European Commission, on 10 July, imposed fines totalling €141.79 million on the car parts suppliers Sumitomo, Yazaki, Furukawa, S-Y Systems Technologies (SYS) and Leoni for operating five cartels in the supply of wire harnesses to Toyota, Honda, Nissan and Renault. The companies involved coordinated the prices and allocation of supplies of wire harnesses to the respective car manufacturers. The cartel...

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ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL