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EU competition watchdog imposes big fines on cartels

The European Union's competition watchdog is sounding the warning to business cartels by announcing fines totalling more than half a billion euro in three cases.

EU competition watchdog imposes big fines on cartels

Wed, 21 Feb, 2018 - 11:32

The European Union's competition watchdog is sounding the warning to business cartels by announcing fines totalling more than half a billion euro in three cases.

The EU Commission said it fined groups of maritime car carriers €395m, spark plug suppliers €76m and brake system suppliers €75m for taking part in cartels.

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