The European Commission (EC) continues to aggressively pursue suspected antitrust behaviour in the automotive segment, particularly when it involves pivotal lifesaving technology. The latest development this front sees it impose a total of €34m (US$40.3m) in fines to Tokai Rika, Takata, Autoliv, Toyoda Gosei and Marutaka for cartel activity. Fines are calculated based on the level of sales in Europe of the cartelised products….
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July 23, 2018
July 20, 2018