European Commission fines Exide, FET, Rombat and EUROBAT for antitrust violations
Exide, FET, Rombat and EUROBAT fined for participating in lead price-fixing, violating EU antitrust rules
The European Commission has imposed fines totaling approximately €72 million on three automotive starter battery manufacturers, Exide, FET (including its predecessor Elettra) and Rombat, along with the trade association EUROBAT, for their involvement in a cartel that violated EU antitrust rules.
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