New Hella As Well As Automotive Lighting Busted For Fixing Automotive Lighting Parts Prices, Fined $29.8 Million
The European Commission on Wed slapped High German auto parts companies Automotive Lighting too Hella KGaA Hueck too Co. amongst a $29.8 1 chiliad m fine for colluding to get prices for automotive lighting parts.
The committee striking the 2 companies amongst fines later a tertiary cartel participant, Parisian auto parts companionship Valeo, brought the system to the authority’s attending inwards Jan 2012, a committee illustration told Law360 on Wednesday. For alerting the commission, Valeo dodged a to a greater extent than than €30.5 1 chiliad m fine.
https://www.law360.com/automotive/articles/936865/eu-tackles-another-auto-cartel-with-29-8m-car-lights-fine
The committee striking the 2 companies amongst fines later a tertiary cartel participant, Parisian auto parts companionship Valeo, brought the system to the authority’s attending inwards Jan 2012, a committee illustration told Law360 on Wednesday. For alerting the commission, Valeo dodged a to a greater extent than than €30.5 1 chiliad m fine.
https://www.law360.com/automotive/articles/936865/eu-tackles-another-auto-cartel-with-29-8m-car-lights-fine