Analyse the EUs approach to dealing with cartels and evaluate the success of this approach in promoting competition.

the European Commission announced the imposition of fines totalling almost 800 million against 11 members of a cartel that fixed prices on surcharges relating to air cargo. This lifted the total fines the Commission has imposed on cartels to almost 11.5 billion in the last five years. However, the regulation of cartels in the EU is not undertaken merely to raise revenue for the Commission by imposing fines on businesses.

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