a cartel involving some of the world's biggest carmakers were just busted for preventing competition on vehicle recycling. That resulted in antitrust authorities in the EU and Britain fined

The European Commission said 15 manufacturers, including BMW, Ford, Stellantis and Volkswagen, and an industry group colluded to avoid paying car dismantlers and lower consumer pressure to recycle more

A parallel probe by Britain's Competition and Markets Authority (CMA) reached similar conclusions, fining 10 companies and two trade bodies more than £77 million ($99 million).

The cartel was revealed by Mercedes-Benz, which participated in it but received immunity — and avoided hefty fines across both sides of the Channel — for cooperating with the authorities.

But the companies involved, which also included Toyota, Suzuki, Volvo, Honda, Renault, Mitsubishi and Opel, coordinated to avoid paying dismantlers, sharing sensitive information on individual agreements.

https://www.courthousenews.com/eu-uk-fine-carmakers-nearly-600-million-over-recycling-cartel