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Competition Law

Analysis - debate - current awareness

07 DEC 2011

Producers of refrigeration compressors are fined €161 million in fifth cartel settlement

ACC, Danfoss, Embraco and Panasonic were fined a total of €161 198 000 for operating together with Tecumseh a cartel that covered the whole European Economic Area (EEA) from April 2004 until October 2007 (15 November 2006 for Panasonic). The cartel concerned small compressors that are used predominantly in household appliances.

See: http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/1511&format=HTML&aged=0&language=EN

Jon Matthews

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