On
21 February, the European Commission announced three separate cartel
settlements. These are the first cartel
decisions announced by the Commission so far this year. What is particularly striking about these
cases is their connection with a key European industry sector: cars and trucks.
The
first case concerns the market for deep sea transport of cars, trucks and large
vehicles on routes between Europe and other regions. The Commission imposed fines totalling EUR 395
million on CSAV, "K" Line, NYK, and WWL-EUKOR. MOL received immunity from fines.
The
second case involves suppliers of spark plugs in the EEA. The Commission
imposed fines totalling EUR76 million on Bosch and NGK. Denso received full immunity from fines.
A
third case concerns braking systems in two separate cartels. The
Commission imposed a total fine of EUR75 million. TRW received immunity in relation to the
hydraulic braking systems cartel and Continental received immunity in relation
to the electronic braking systems cartel.
Sources: Cases AT.40009 (maritime car carriers),
AT.40113 (spark plugs) and AT.39920 (braking systems).
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