Commission fines car parts suppliers of € 18 million in cartel settlement
Magna was not fined as it revealed both cartels to the Commission.
Magna, based in Canada and Brose, based in Germany took part in a bilateral cartel concerning supplies of door modules and window regulators for a certain car model of Daimler group.
Magna and Kiekert, based in Germany, took part in a separate bilateral cartel concerning supplies of latches and strikers to BMW group and Daimler group. All three companies acknowledged their involvement in the cartels and agreed to settle the case. ■