Commission Européenne - COMMUNIQUES DE PRESSE - Communiqué de presse - Antitrust: Commission fines rechargeable battery producers €166 million in cartel settlement

Commission Européenne - COMMUNIQUES DE PRESSE - Communiqué de presse - Antitrust: Commission fines rechargeable battery producers €166 million in cartel settlement
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.