On Wednesday 21 February, European Commission decided to impose fines of €395 million on four car shipping companies, €76 million on suppliers of spark plugs and €75 million on two suppliers of braking systems, in three separate cartel cases.
Although the level of these fines may seem high, Margrethe Vestager, the Commissioner for Competition, stresses that this is only “part of the work” recently carried out by the Commission. The aim is to “defend fair competition in the market...