Car component manufacturers under scrutiny as cartel fines hit record high
24.11.08
Only this month, the European Commission imposed its highest total and individual fines yet on an illegal market-sharing cartel which took place in the car glass manufacturing sector. Totalling the eye-watering sum of €1.384 billion, this fine marks more than ever the current Competition Commissioner's resolve to give the EU competition rules serious "bite".
Wragge & Co's antitrust experts have put together a detailed analysis of the implications of this ground-breaking fine for all sectors. They also suggest some tips for action to take to avoid this worst case scenario.
Key Contact
Bernardine Adkins, partner, +44 (0)121 685 2802, bernardine_adkins@wragge.com
This alert may contain information of general interest about current legal issues, but does not give legal advice.

