The Commission imposed a fine of approximately EUR 141 million on car parts suppliers Yazaki, Furukawa, S-Y Systems Technologies and Leoni for operating five bid-rigging cartels concerning the supply of wire harnesses to Toyota, Honda, Nissan and Renault for varying periods between 2000 and 2009. A fifth company, Sumitomo, which would have been fined approximately EUR 291 million, received full immunity under the Commission’s Leniency Notice for revealing the existence of the cartel to the Commission. Wire harnesses are combined electric systems for cars which supply electricity necessary for the functioning of electronic components in a vehicle. The companies coordinated the prices and allocation of supplies of wire harnesses to the respective car manufacturers. In respect of Toyota and Honda, the participants rigged a series of tenders for the supply of wire harnesses and in respect of Nissan and Renault single tendering procedures for some individual models. Each of the cartel participants was involved in at least one infringement. The cartels covered the entire European Economic Area as well as Japan. The other cartel participants also benefited from reduction of fines ranging from 20 to 50 % under the Commission’s Leniency Notice for their cooperation with the Commission. Furthermore, the companies benefited from a further reduction of fines by 10 % under the Commission’s 2008 Settlement Notice, as they acknowledged their participation in the cartel and their liability in this respect. The settlement procedure allows the Commission to apply a simplified procedure and thereby shorten the length of the investigation. The decision was the seventh settlement decision since the introduction of the settlement procedure for cartels in June 2008. Source:Commission Press Release 10/07/2013