Manipulation of parts prices has allowed a wide range of industry involvement.
With the suspicion of cartel formation, the European Commission launched an investigation against several car manufacturers to find out whether there was any anti-competitive agreement between them on car parts pricing - says portfolio.hu.
According to the source of the Economic Bulletin, the European Commission is dealing with Renault, Nissan, PSA, Fiat Chrysler and Jaguar Land Rover in order to find out whether they have carteled in pricing their car parts.
It is suspected that the manufacturer, Accenture, has assembled the manufacturers and raised the price of their car parts by at least 25 percent.
In September last year, proceedings for suspicion of cartels against German manufacturers to determine whether there was an anti-competitive agreement between them on the development and introduction of technologies to reduce engine emissions.
It is assumed that "the five" - BMW, Daimler, VW, Audi and Porsche - have about two hundred employees since the 1990s have been in regular workgroup discussions to eliminate competition.
(Source: hvg.hu / photo: pixabay.com)