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The Independent UK
The Independent UK
Business
Anna Wise

Carmakers and trade bodies fined almost £78m by UK watchdog

Ten carmakers and two industry groups have been fined almost £78 million by the UK regulator for “colluding to restrict competition” over vehicle recycling.

It is part of a wider crackdown with the EU’s antitrust watchdog simultaneously imposing penalties worth a combined 458 million euro (£383 million).

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