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Europe Daily Bulletin No. 11042

20 March 2014
Contents Publication in full By article 13 / 39
ECONOMY - FINANCE - BUSINESS / (ae) antitrust
Several ball bearing manufacturers fined

Brussels, 19/03/2014 (Agence Europe) - On Wednesday 19 March, the European Commission decided to fine two European companies (SKF and Schaeffler) and four Japanese companies (JTEKT, NSK, NFC and NTN with its French subsidiary NTN-SNR) a total of €953 million for operating a cartel in the automotive ball bearings industry,

After an investigation that began in 2011, the Commission found that the companies had operated a cartel across the European Economic Area between April 2004 and July...

Contents

EUROPEAN COUNCIL
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
SOCIAL AFFAIRS - EDUCATION