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EU fines automotive starter battery cartel EUR 72 million over price-fixing scheme
On December 15, the European Commission fined Exide (EUR 30 million), FET (EUR 6.11 million), including Elettra (EUR 15.6 million), Rombat, Romania (EUR 20.2 million), and the trade group EUROBAT (EUR 125,000) a total of about EUR 72 million for taking part in a long-running cartel in the automotive starter battery m....
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