Antitrust: Commission fines six car air conditioning and engine cooling suppliers € 155 million in cartel settlement* The European Commission has fined Behr, Calsonic, Denso, Panasonic, Sanden and Valeo a total of € 155 million for taking part in one or more of four cartels concerning supplies of air conditioning and engine cooling components to car manufacturers in the European Economic Area (EEA). All six suppliers acknowledged their involvement in the cartels and agreed to settle the case. Denso was not fined for three of the cartels as it revealed their existence to the Commission. Panasonic was not fined for one of the cartels as it revealed its existence to the Commission. Commissioner Margrethe Vestager, in charge of competition policy said:“Even though air conditioning and
The EU Commission fines six suppliers of car air conditioning and engine cooling €155 million in cartel settlement (Behr / Calsonic / Denso / Panasonic / Sanden / Valeo)
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