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Tires: Brussels suspects manufacturers of price fixing

2024-01-30T15:10:00.879Z

Highlights: The European Commission has carried out unannounced inspections of tire manufacturers in several European countries. It fears “that price coordination has taken place” between these companies. The products concerned by the inspections are new replacement tires for passenger cars, vans, trucks and buses sold in Europe. The European Commission does not reveal the names but specifies that the products concerned are new Replacement tires for Passenger Cars, Van and Buses sold in European. The inspections are expected to be completed by the end of the month.


The European Commission has carried out unannounced inspections of tire manufacturers in several European countries.


The European Commission announced unannounced inspections of tire manufacturers in several European countries on Tuesday, raising concerns about possible price fixing in violation of EU competition rules.

The European Commission explains in a press release that it fears

“that price coordination has taken place”

between these companies.

It does not reveal the names but specifies that the products concerned by the inspections are new replacement tires for passenger cars, vans, trucks and buses sold in Europe.

Source: lefigaro

All business articles on 2024-01-30

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