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Tenneco to Faurecia Raided in EU Car-Exhaust Cartel Probe

Tenneco Inc., Faurecia SA and Eberspaecher Group were raided by European Union antitrust regulators investigating possible collusion between manufacturers of car-exhaust systems.

Officials made unannounced inspections at company offices in several European countries, the European Commission said in a statement today. The EU is concerned the companies have violated rules outlawing cartels and abuse of a dominant market position. Tenneco said it also got a related subpoena from the U.S. Department of Justice.