EC fines five car safety equipment suppliers in cartel settlement in Europe

The European Commission announced on November 22 that it has fined Tokai Rika, Takata, Autoliv, Toyoda Gosei and Marutaka a total of EUR 34 million for breaching EU antitrust rules.
The companies took part in one or more of four cartels for the supply of car seatbelts, airbags and steering wheels to Japanese car man....

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