€485 million EU fine for 15 car brands and ACEA for recycling cartel
The European Commission imposes hefty fines on carmakers for recycling cartel /Alba
The European Commission has fined 15 major automakers 485 million euros for participating in a cartel involving the recycling of end-of-life vehicles. The fines apply to BMW, Ford, Volkswagen, Volvo, and the European automobile trade association ACEA, among others. All companies admitted involvement


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