On behalf of the team

The Bundeskartellamt has imposed fines on steel forging companies CDP Bharat Forge GmbH (now: Bharat Forge Global Holding GmbH), Bharat Forge CDP GmbH and Johann Hay GmbH & Co KG Automobiltechnik (now: Musashi Bockenau GmbH & Co KG). The Bundeskartellamt found after investigations that the companies exchanged competition-sensitive information about costs, their pricing strategies and concrete negotiations with suppliers and customers. The fines imposed total around 35 million euros.[1]

[1] Press release Bundeskartellamt, ‘Bundeskartellamt imposes fines on steel forging companies’, 4 February 2021.