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December 16, 2016 EU Fines Sony, Panasonic, and Sanyo Over Battery Cartel
The European Union’s anti-trust watchdog has fined Sony, Panasonic and Sanyo for price fixing in the market for batteries used in laptops and mobile phones. The European Commission, which polices competition issues in the EU, fined the three a total of EUR 166 million ($176 million or roughly Rs. 1,190 crores) for breaking antitrust rules […]
