If you need to know about batteries; you’ve come to the right place
Chinese flag点击这里访问我们的中文网站Chinese flag

fines

India fines battery firms after price-fixing probe

Wed, 05/02/2018 - 09:50 -- Xuan Zhong
India fines battery firms after price-fixing probe

Competition chiefs in India have reduced heavy fines slapped on some of the country’s leading zinc-carbon dry cell battery manufacturers following a price-fixing probe.

The Competition Commission of India (CCI) had levied penalties on Eveready Industries India, Indo National (Nippo) and Panasonic Energy India— in addition to the Association of Indian Dry Cell Manufacturers (AIDCM)— “for colluding to fix prices of zinc-carbon dry cell batteries”.

 

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.

€68M ($73M) fines to EU vehicles lead recycling cartel

Fri, 03/24/2017 - 09:49 -- Xuan Zhong
€68M ($73M) fines to EU vehicles lead recycling cartel

Three European lead recycling firms have been fined a total of €68 million ($73 million) by the European Commission for fixing the purchasing price of scrap automotive batteries.

Eco-Bat Technologies (UK), Campine (Belgium) and Recylex (France), were each fined for their part in the cartel. The fourth, Johnson Controls, escaped a fine because it blew the whistle on the malpractice.

 

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.
Subscribe to fines