EU · fined · ~8 min read
EU Automotive Bearings Cartel
2004–2011 · automotive bearings, vehicle components
Bearings are tiny but essential in every car wheel and engine. EU regulators said major suppliers rigged quotes to BMW, Renault, and others for years—adding hidden costs to millions of vehicles.
The story
Automotive bearings are specialized components bought on long-term contracts by carmakers and tier-one suppliers. Oligopoly structure invites collusion if enforcement slackens.
The Commission found SKF, Schaeffler, JTEKT, NTN-SNR, and others exchanged pricing information and coordinated responses to steel cost increases—effectively fixing surcharges passed to manufacturers.
Emails and meeting records showed competitors knew each other's bids before submitting their own—a classic car-parts cartel pattern alongside wire harnesses and exhaust systems cases.
SKF earned leniency for cooperation, paying a reduced fine; others faced penalties reflecting their role and duration.
Carmakers initially might not see identical quotes, but alleged coordination reduced bargaining leverage on a component used in every vehicle.
Follow-on damages suits by manufacturers and consumers' indirect effects rippled for years.
The bearings cartel exemplifies EU focus on automotive supply-chain collusion after the trucks scandal.
Why it matters
Hidden component cartels raise car prices industry-wide.
Steel surcharge coordination is still price fixing.
OEMs depend on whistleblowers and dawn raids to detect collusion.
What was claimed
Coordinated bearing prices and surcharges to carmakers.
Information exchanges on live negotiations.
Multi-year conspiracy across Europe.
The other side
Companies settled aspects via leniency; appealed fine math.
Damages defendants dispute causal overcharge amounts.
What it means for you
Vehicle prices reflect countless supplier inputs—cartels inflate them.
Suppliers must refuse competitor bid coordination.
Bottom line
The automotive bearings cartel hit €953 million in fines for rigging quotes on parts found in nearly every car on the road.
Timeline
2004–2011
Collusion on carmaker quotes
Bearings suppliers allegedly coordinated prices and surcharges.
2014
Major fines
SKF, Schaeffler, JTEKT, NTN-SNR penalized.
Key dates
- Commission raids
- 2011
- Infringement decision
- March 19, 2014
- Total fines
- €953 million
Formal snapshot
Summary: The Commission fined bearing manufacturers €953 million for coordinating prices and passing through steel surcharges to automotive customers including carmakers and suppliers.
Regulator / plaintiff argument: Suppliers of ball and roller bearings colluded on quotes to carmakers, exchanging sensitive pricing via emails and meetings.
Outcome: 2014 decision; SKF received leniency reduction; damages actions across Europe.
Remedies: Fines; compliance programs.
Conduct tags
Laws referenced
- TFEU Article 101 — Art. 101 TFEU
Companies
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