Competition Commission orders Autoliv to pay almost R150m for collusion

Published Oct 9, 2017


JOHANNESBURG – The Competition Commission

said on Monday that one of the world’s largest manufacturers of airbags,

seatbelts and steering wheels has agreed to pay an administrative

penalty of almost R150 million following its admission of having contravened

the Competition Act.

The Commission said that Autoliv has

concluded a settlement agreement with the Commission for its involvement in

prohibited practices like price fixing, market division and collusive tendering

with its competitors, namely,

color:#222222;mso-ansi-language:EN-US">TRW Inc, Takata Group, Toyoda Gosei Co

Ltd and Tokai Rika Co Ltd.


settlement follows a Commission investigation into collusive conduct against

manufacturers of airbags, seatbelts and steering wheels (including Autoliv and

its competitors) for allegedly fixing prices, dividing markets and colluding on

tenders issued by car manufacturers such as BMW Group and VW Group for the

manufacture and supply of airbags, seatbelts and steering wheels.

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conduct affected tenders issued for the following vehicles: VW Polo, MQB

platform (VW Golf), Audi A1, A3, A6, A7, A8, Q3, VW 120Up, VW Eos convertible,

Passat, Porsche Cajun/Macan, F15/F16 platform (BMW X5/X6), PL6 platform (5,6

and 7 series) and M Sport.”


has agreed to pay an administrative penalty of R149 960 540,” said

the Commission. The

Commission has filed the settlement agreement with the Tribunal for

confirmation as an order. The investigation against the other firms continues.

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EN-GB;mso-fareast-language:EN-GB;mso-bidi-language:AR-SA">- BUSINESS REPORT


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