The EU Commission fines three car battery recycling companies for cartel (Campine)

Antitrust: Commission fines three companies €68 million for car battery recycling cartel* The European Commission has fined Campine, Eco-Bat Technologies and Recylex a total of €68 million for fixing prices for purchasing scrap automotive batteries, in breach of EU antitrust rules. A fourth company, Johnson Controls, was not fined because it revealed the existence of the cartel to the Commission. Commissioner Margrethe Vestager, in charge of competition policy, said: "Well functioning markets can help us reduce waste and support the circular economy. Therefore, we do not tolerate behaviour that undermines competition. The four companies fined today have colluded to maximise their profits made from recycling scrap batteries, reducing competition in this essential link of the recycling

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European Commission, The EU Commission fines three car battery recycling companies for cartel (Campine), 8 February 2017, e-Competitions Bulletin Automobile, Art. N° 83539

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