Compass Lexecon Advises Defendant in German Automotive Part Manufacturers Cartel Damages Litigation

In June 2015, the German Bundeskartellamt imposed fines on five automotive part manufacturers for fixing prices of acoustically effective components. The authority concluded that the manufacturers agreed on and coordinated prices in their bids for tenders and orders placed by car manufacturers between 2005 and 2013. The ‘acoustic components’ are flooring, car mats, hat racks, trunk trims, textile wheel house shells, engine compartment insulations, front shock absorbers, and trunk shock absorbers.

Compass Lexecon provided economic advice to one of the members of the German cartel. We also estimated potential damage claims against the car part manufacturer in follow-up litigation. Our team, led by Thilo Klein, included Elena Zoido, Agata Lewicka, Michael Scheidgen, Jasper Haller, Georg Clemens, Norbert Czinkan, Marta Adembri, Edward Bond, and Sebastien Grotto.