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Investigating Car-Glass Market Cartel

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Investigating the fines imposed on the car-glass market cartel

Maastricht University | | | | School of Business & Economics | | | | Place & date: | Maastricht 11.12.12 | | | | Name, initials: | Sander Kloosterman S.L | | For assessor only | | ID number: | I6050087 | | 1. Content | | Study: | Economics | | 2. Language structure | | Course code: | EBC1010 | | 3. Language accuracy | | Group number: | 14 | | 4. Language: Format & citing/referencing | | Writing tutor name: | Caro Struijke | | Overall: | | Writing assignment: | Resit Paper | | Advisory grade | | | | | Assessor’s initials | |

s.kloosterman@student.maastrichtuniversity.nl

1. Introduction 3

2. Cartels 3

3. The Car Glass Market 4

4. The Economic Impact of the Cartel 5

5. Conclusion 7

References: 8. 1. Introduction

In the European car market, the car glass market is one of the most important parts of the market. As a result in the glass market twenty percent of all products sold are allocated to the automotive sector.
The European Commission has the job of ensuring that each firm within the market has the same opportunities and are not able to behave anti-competitively. In 2008, the European commision announced that four car glass-producing companies were accused of engaging in a cartel organisation. These four companies were Pilkington, Soliver, Saint-Gobain and Asahi and were fined a total amount of €1,4 billion. The amount that each company was fined individually deviated a lot as not all companies were the same. The largest fine was given to the French firm Saint-Gobain, which had to pay a total of €896 million, followed by Pilkington and Asahi which were fined €370 and €113.5 million respectively. Soliver was fined the least as the company only had to pay a fine of €4.4 million.
This paper will discuss and argue

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