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Post by account_disabled on Dec 28, 2023 9:31:53 GMT 4
A to reduce the purchase price paid to scrap dealers and collectors of used car batteries in Belgium France Germany and the Netherlands. One of these companies was not fined because it disclosed the deal to the European Commission under the European Commissions leniency program. According to the European Commission used car batteries are the most recycled consumer products in the European Union. The companies exchanged information and agreed on target prices maximum prices and purchase volume from suppliers. . They also tried to limit the bargaining power of suppliers by Country Email List sharing information about the price that these suppliers ask and the final price that the companies accept. The methods adopted were those observed in several standard understandings. Most of the anticompetitive agreements were concluded on a bilateral basis through means such as phone calls emails or text messages exchanged between the companies senior managers. Companies have often gone to great lengths to keep contracts secret by using code language in many cases involving references to the weather. The companies involved are large and complex and have followed competition law compliance programs. This case shows that all companies need to focus on implementing compliance procedures. procedure is particularly useful because through it anticompetitive practices can be discovered subsequently allowing the use of leniency cooperation programs of the European Commission. Leave a reply Your email address will not be published. Mandatory fields are marked with.
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