Antitrust: Commission fines rechargeable battery producers €166 million in cartel settlement

EU News 405/2016

Brussels, 12 December 2016

The European Commission has fined Sony, Panasonic and Sanyo a total of €166 million. The companies and Samsung SDI coordinated prices and exchanged sensitive information on supplies of rechargeable lithium-ion batteries, used for example in laptops and mobile phones, in breach of EU antitrust rules.

Samsung SDI was not fined as it revealed the existence of the cartel to the Commission. All companies acknowledged their involvement in the cartel and agreed to settle the case.

Source and additional information:
http://europa.eu/rapid/press-release_IP-16-4356_en.htm?locale=en

Twitter: @vestager (European Commissioner for Competition / 欧州委員会のヴェスタエアー競争政策担当委員) URL

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