Various German Automakers, Suppliers Raided Over Steel-Purchasing Cartel Probe

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A number of German auto manufacturing and supply companies were raided by Germany’s antitrust regulators in June, according to a new report from Bloomberg. The raids were carried out under the suspicion of antitrust*violations*via steel purchasing practices in the auto industry. Authorities sought to investigate companies involved, according to Kay Wiedner, a spokesman for Germany’s...
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