EU antitrust watchdog fines Schaeffler, four others $1.3 bln | Business Information & News | Westlaw

EU antitrust watchdog fines Schaeffler, four others $1.3 bln | Business Information & News | Westlaw

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3/19/14 REUTERS 12:24:14
REUTERS
Copyright © 2014 Thomson Reuters
March 19, 2014
EU antitrust watchdog fines Schaeffler, four others $1.3 bln
Foo Yun Chee
BRUSSELS (Reuters) - European Union antitrust regulators fined German engineering group Schaeffler <IPO-SHF.F>, Sweden's SKF and three Japanese car parts makers a total 953.3 million euros ($1.3 billion) for taking part in a ball bearings cartel.
The...
---- Index References ----
Company: NSK LTD; NTN CORP; JTEKT CORP; SCHAEFFLER AG; SKF INC
News Subject: (Antitrust Regulatory (1AN52); Economics & Trade (1EC26); Monopolies (1MO68); European Union (1EU94); World Organizations (1IN77))
Industry: (Automotive Parts & Accessories Manufacturing (1AU98); Automobiles (1AU45); Manufacturing (1MA74); Automotive (1AU29); Land Transportation (1LA43); Automotive Models (1AU61); Transportation (1TR48); Passenger Transportation (1PA35))
Region: (Europe (1EU83); Far East (1FA27); Japan (1JA96); Eastern Asia (1EA61); Asia (1AS61))
Language: EN
Other Indexing: (Joaquin Almunia)
Keywords: antitrust (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OVR); (MCCL:OEC)
Word Count: 295
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