Brussels, 27/01/2016 (Agence Europe) - The European Commission announced on Wednesday 27 January that it had imposed fines of €137,789,000 on Melco (Mitsubishi Electric) and Hitachi for participating in a cartel for alternators and starters with another firm, Denso, in breach of EU antitrust rules from September 2004 and February 2010. Denso revealed the existence of the cartel and therefore its fine of more than €157 million has been lifted.
The three Japanese car parts manufacturers...