EU Antitrust Authorities Raid Auto Exhaust Companies

Law360, New York (March 25, 2014, 2:35 PM EDT) -- Competition authorities in the European Union on Tuesday conducted a series of unannounced raids in several member states on companies that produce automotive exhaust systems, an initial move in determining whether the firms have violated the 28-nation bloc's antitrust rules.

The European Commission's competition arm issued a statement confirming that the raids had taken place and outlining its worries in very general terms, but did not offer detail on the companies targeted in the unannounced inspections.

“The commission has concerns that the companies concerned may have...
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