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Image header Agence Europe
Europe Daily Bulletin No. 13612
Contents Publication in full By article 24 / 31
ECONOMY - FINANCE - BUSINESS / Competition

European Commission fines 15 car manufacturers and ACEA €458 million over end-of-life vehicles recycling cartel

On Tuesday 1 April, the European Commission fined 15 major car manufacturers and the European Automobile Manufacturers’ Association (ACEA) a total of around €458 million for participating in a long-lasting cartel concerning end-of-life vehicle (ELV) recycling.

Mercedes-Benz was not fined, avoiding a penalty of €35 million because it revealed the existence of the cartel to the Commission under the leniency programme. All the companies admitted their participation in the cartel and...

Contents

EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
SECURITY - DEFENCE
EXTERNAL ACTION
SOCIAL AFFAIRS - EMPLOYMENT
ECONOMY - FINANCE - BUSINESS
COUNCIL OF EUROPE
NEWS BRIEFS