On account of price fixing agreements the Federal Cartel Office (FCO) has imposed fines totaling 75 million euros on five manufacturers of acoustically effective components and staff responsible which supply the automotive industry. The companies involved are Autoneum Germany GmbH, Roßdorf, Carcoustics International GmbH, Leverkusen, GreinerPerfoam GmbH, Enns (Austria), Ideal Automotive GmbH, Burgebrach, and the International Automotive Components Group GmbH, Düsseldorf.
The object of the agreements was so-called acoustically effective components. These include flooring, car mats, hat racks, trunk trims, textile wheel house shells, engine compartment insulations, front shock absorbers and trunk shock absorbers. The agreements were concluded on the basis of numerous bilateral contacts and in three different multilateral discussion groups.
The level of fine was calculated according to the seriousness, duration of a competition law violation, market power and the behavior of the opposite market side. In accordance with the authority's leniency programme, no fine was imposed on Johann Borgers GmbH, Bocholt, which was also involved in the agreements but was the first company to cooperate with the Federal Cartel Office.