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Car safety equipment suppliers fined a total of € 368 million

The EU Commission has fined the car safety equipment suppliers Autoliv and TRW € 368 277 000 for taking part into two cartels for the supply of car safety equipments to European car producers. The suppliers acknowledged their involvement in the cartels and agreed to settle the case.

According to the Commission, the three car equipment suppliers exchanged commercially sensitive information and coordinated their market behaviour for the supply of seatbelts, airbags and steering wheels to the Volkswagen Group and the BMW Group. The cartels likely had a significant effect on European customers, since the customers affected by the cartel, the Volkswagen Group and the BMW Group, sell around three of every ten cars bought in Europe.

In setting the fines, Takata received full immunity for revealing the two cartels as a leniency applicant (thereby avoiding an aggregate fine of € 195 million).

Autoliv and TRW benefited from reductions of their fines for their cooperation with the Commission investigation. In addition, under the Commission’s 2008 Settlement Notice, the Commission applied a reduction of 10% to the fines imposed on the companies in view of their acknowledgment of the participation in the cartel and of the liability in this respect. The breakdown of the fines imposed on each company is as follows:

 

  Supplier (group) Reduction under Leniency Notice Reduction under Settlement Notice Fine (€)
1 Takata

TRW

Autoliv

100%

50%

30%

10%

10%

10%

0

158 824 000

121 211 000

2 Takata

TRW

Autoliv

100%

50%

30%

10%

10%

10%

0

30 067 000

58 175 000

 

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