Yanks And Europeans Open Antitrust Probes Of TRW And Autoliv
Posted 07/21/11
Two major players in the automotive manufacturing industry, Sweden’s Autoliv and Michigan’s TRW, are under investigation by the antitrust divisions of both the U.S. Department of Justice (“DOJ”) and the European Commission ("EU").
Both companies are multi-billion dollar corporations that supply safety systems, such as seatbelts, airbags and steering wheels, to automakers. Autoliv and TRW each operate on a...