Commission fines maritime car carriers and car parts suppliers in three separate cartel settlements

Further information:

The separate cases were as follows:

+ the European Commission found that the Chilean maritime carrier CSAV, the Japanese carriers K Line, MOL and NYK, and the Norwegian/Swedish carrier WWL-EUKOR participated in a cartel concerning intercontinental maritime transport of vehicles, and imposed a total fine of €395 million;

+ the Commission found that Bosch (Germany), Denso and NGK (both Japan) participated in a cartel concerning supplies of spark plugs to car manufacturers in the EEA and imposed a total fine of €76 million;

+ the European Commission found two cartels relating to braking systems. The first concerned the supply of hydraulic braking systems (HBS) and involved TRW (USA, now ZF TRW, Germany), Bosch (Germany) and Continental (Germany). The second cartel concerned the supply of electronic braking systems (EBS) and involved Bosch and Continental. The Commission imposed a total fine of €75 million.

The European Commission fined four maritime car carriers, two suppliers of spark plugs, and two suppliers of braking systems, in separate decisions, for taking part in cartels, in breach of EU antitrust rules.

• Primary Source

European Commission: Statement by Commissioner Vestager on Commission decision to fine seven companies for participating in four cartels http://europa.eu/rapid/press-release_STATEMENT-18-1022_en.htm

---