Infineon Fined €82.9 Million in EU Smart-Card Chips Cartel
Company: Infineon Technologies AG
Summary
In September 2014, the European Commission found that Infineon Technologies AG participated in a cartel involving smart-card chips. The Commission concluded that participating semiconductor companies coordinated market behaviour through exchanges of sensitive commercial information. Infineon received a mitigating reduction but was still fined €82.874 million. The case concerned smart-card chips used in products such as SIM cards, bank cards and identity cards. Source: EUR-Lex / European Commission https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52017XC0127(01)