Tag Archives: agreed on prices

GERMAN Watchdog Searches Offices of Car Makers, Auto Suppliers in Steel Price-Fixing Probe

Germany’s antitrust watchdog launched a steel price-fixing investigation into six companies, including car makers Daimler AG, BMW AG and Volkswagen AG and suppliers Robert Bosch GmbH and ZF Friedrichshafen AG. The watchdog suspects Germany’s leading car makers and two of the world’s biggest car-parts suppliers agreed on prices they would pay for steel products used in cars. Daimler, BMW, Volkswagen,

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