Commission fines eight producers of capacitors €254 million for participating in cartel: 21.02.2018: Commission fines maritime car carriers and car parts suppliers a total of €546 million in three separate cartel settlements Statement by Commissioner Vestager on Commission decision to fine seven companies for participating in four cartels Statement by Commissioner Vestager on Commission decision to fine seven companies for participating in four cartels Summary decision - OJ C 143, 24.04.2018 p. 4-7 Non-confidential version of the decision published for information purposes on the webpages of DG Competition on 24.04.2018. A cartel is a group of similar, independent companies which join together to fix prices, to limit production or to share markets or customers between them. In two settlement decisions, the European Commission has fined five banks for taking part in two cartels in the Spot Foreign Exchange market for 11 currencies - Euro, British Pound, Japanese Yen, Swiss Franc, US, Canadian, New Zealand and Australian Dollars, and Danish, Swedish and Norwegian crowns. 1. Action against cartels is … corrections following amendment decisions) and not corrected for changes … CARTEL STATISTICS 1.1. Fines imposed (not adjusted for Court judgments) - period 2015 - 2019 Last change: ++27 Sep 2019++ Year Amount in €* 2015 349 571 000 2016 3 726 976 000 2017 1 945 656 000 2018 800 748 000 ++2019++ 1 484 877 000 total 8 307 828 000 * Amounts as imposed by the Commission (incl. As of June 21, the European Union Commission has imposed fines totalling 8.472 billion euros ($9.54 billion) on businesses between 2013 and 2017 for breaking competition rules.