EC imposes USD89.5 million fine on Nichicon for violating EU competition law

News
Corporate developments

Company has been under investigation for past transactions involving aluminum electrolytic capacitors and tantalum electrolytic capacitors

The European Commission (EC) has imposed a fine of EUR72.9 million (USD89.5 million) on Nichicon for violating European Union Competition Law, the company announced in a press release last week.

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