The European Commission announced today the decision to impose a contraction of €458 million on 15 key car manufacturing companies, which were in conflict with the cartel system regarding the recycling of old vehicles. cars, including the supply of various spare parts for completing new products.
As Ukrinform reports, such information is published today on the website of the European Commission.
“The European Commission imposed a tax on 15 key car manufacturers and on the European Automobile Manufacturers Association (ACEA) for a total amount of approximately €458 million per share. a long-term cartel with the recycling of old cars to complete the life cycle. The Mercedes-Benz company did not end the contraction, and finally exposed the cartel before the European Commission. All other companies realized that they had been indebted to the cartel and decided to regulate it rightfully,” says the source.
Before the category of old cars that complete the life cycle (End-of-Life Vehicle – ELV) there are cars that are not suitable for further deterioration through age, wear or damage. These cars are dismantled, remanufactured and recycled. The main goal of this process is to minimize waste and recover valuable materials, such as metal, plastic or glass, for further waste in production, thereby achieving environmentally friendly goals. decarbonization and re-vicorization of such elements.
An investigation by the European Commission revealed that, over 15 years, 16 key auto manufacturing companies and ACEA reached anti-competitive territory and favored the ELV recycling industry.
Zokrema, they got used to the distribution of cars as a profitable business, they stopped paying for the services that were given by the companies that received this work, and they exchanged commercially sensitive information well contracts with such companies.
Another direction for the discussion was the acquisition of new information about how many cars passed through recycling, processing or were sent for recycling, and how many materials from salvage cars were recycled near the time of production of new cars.
This limited the possibilities for those living in the hour of choosing a new car by removing information from their potential disposal, or from recycling waste materials. This practice, according to the European Commission, is to comply with the legal obligations of auto manufacturing companies.
The squeeze was felt by companies such as BMW, Ford, Honda, Hyundai / Kai, Jaguar Land Rover, Mazda, Mitsubishi, Opel, General Motors, Renault / Nissan, Stellantis, Suzuki, Toyota, Volkswagen, Volvo, Geely, and ACEA. The Mercedes-Benz company, which broke the cartel structure, denied further immunity from the squeeze, which could have cost €35 million.
Stellantis (including Opel), Mitsubishi and Ford have eliminated reductions in the size of the contract as a result of smooth cooperation with the European Commission in the investigation.
The greatest squeeze among companies was found in Volkswagen – €127,696,000.
In addition, individuals or companies that have suffered as a result of the known cartel crime can submit appeals to national courts in EU member states for payment of similar compensation.
As has already been reported, the European Commission regularly conducts investigations into the abuse of market conditions and the violation of market competition rules. European and international companies that go to such lengths may be subject to such restrictions.
Photo: wwfcee.org