End of Vehicle Life: Automakers Fined Half a Billion Euro in EU and UK Cartel Cases

End of Vehicle Life: Automakers Fined Half a Billion Euro in EU and UK Cartel Cases

The European Commission and the UK’s Competition and Markets Authority (CMA) have collaboratively addressed a long-standing cartel involving major automotive manufacturers and trade associations, resulting in significant fines for anti-competitive behaviour related to end-of-life vehicle (ELV) recycling. The parallel investigations culminated in the Commission imposing fines totalling €458 million, while the CMA levied penalties exceeding £77 million (€92m), underscoring the gravity of the infringements.

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