European Commission confirms inspections in the smart card chip sector

The European Commission confirmed that on 21 October 2008 Commission officials carried out unannounced inspections at the premises of several smart card chips producers in several EU Member States. These chips are used for the production of smart cards, such as telephone SIM cards, bank cards and identity cards. The European Commission has reason to believe that the companies concerned may have violated EC Treaty rules prohibiting practices such as price fixing, customer allocation and the exchange of commercially sensitive information (Article 81). [European Commission Press Release]