Ovrebekk, Hilde; Gibson, Jane
October 2006
ICIS Chemical Business;10/9/2006, Vol. 1 Issue 38, p11
Trade Publication
This article reports on the decision of the European Commission to establish a one-stop shop with the European Competition Network to simplify procedure for companies applying for leniency in cartel cases. Leniency allows authorities to offer full immunity or a reduction in fines that would otherwise have been imposed on a cartel member in exchange for disclosure of information and cooperation with the investigation.


Related Articles

  • The EC Commission's 2006 Fine Guidelines reviewed from an economic perspective: Risking overdeterrence. van Cayseele, Patrick; Camesasca, Peter D.; Hugmark, Kristian // Antitrust Bulletin;Winter2008, Vol. 53 Issue 4, p1083 

    This article focuses on the 2006 Fine Guidelines established by the European Commission (EC). It reveals that the guidelines aim to impose fines and penalties to businesses operating as cartels which is believed to hinder competition in the market. The authors stress that arguments were also...

  • EC sets hefty fines for steel producers accused of long-time activity in cartel.  // Wire Journal International;Aug2010, Vol. 43 Issue 8, p18 

    The article focuses on the fines set by the European Commission (EC) worth 619 million U.S. dollars for steel producers due to a long time activity in cartel. It reports that 36 companies were accused of taking part in a price fixing and market sharing cartel, which operated from 1984-2002. It...

  • Record fines sting vitamins cartel.  // Process Engineering;Dec2001, Vol. 82 Issue 12, p2 

    Reports on the amount of fines imposed by the European Commission to several companies which operated an illegal pricing cartel for vitamins as of December 2001. Companies that are included in the cartel; Company which received the largest proportion of the fine.

  • Cartel fines hiked as a deterrent.  // ICIS Chemical Business;7/3/2006, Vol. 1 Issue 26, p11 

    The reports on the statement from the European Commission that companies participating in cartels, price-fixing and other abuses of a dominant market position face huge increases in fines in Europe. The guidelines will be published in the European Union's Official Journal. The guidelines also...

  • EC fines cartel players.  // ICIS Chemical Business;6/5/2006, Vol. 1 Issue 22, p10 

    The article reports that the European Commission has fined Arkema, Total, Elf Aquitaine and Lucite for taking part in a cartel in the acrylic glass market. The fines imposed by the Commission for each company are cited. The fine against French producer Arkema was the fourth-largest imposed by...

  • Commission slaps fines on secret carbon cartel.  // European Chemical News;12/8/2003, Vol. 79 Issue 2080, p6 

    Reports on the intention of Carbone Lorraine to appeal against a fine from the European Commission for its role in a carbon and graphite products cartel. Information on the companies along with Carbone Lorraine which were fined by the European Commission; Amount of penalty received by Carbone...

  • A Landmark Year for the Law on Fines Imposed in EU Competition Proceedings. Barbier de La Serre, Éric; Winckler, Charlotte // Journal of European Competition Law & Practice;Aug2012, Vol. 3 Issue 4, p351 

    In 2011, there has been a slight slackening of the Commission's crack down on cartels with only four cartel decisions issued and no fines imposed (whether per case or per undertaking) that ranked amongst the 10 highest fines in the history of EU cartel enforcement.On the judicial front, the...

  • Dutch cartel fined US$ 336 million.  // International Construction;Oct2006, Vol. 45 Issue 8, p8 

    The article reports on the $336 million fines that the European Commission has imposed to 14 companies for operating a cartel in the road bitumen market in Netherlands for eight years, from 1994 to 2002. The 14 companies composed of eight buyers and six suppliers, including Kuwait Petroleum,...

  • EU Sanctions for Cartels on the Rise. Urlus, Hans // Venulex Legal Summaries;2006 Q3, p1 

    The article reports on the new guidelines for setting fines for infringements of competition law, which were announced by the European Commission on June 28, 2006. The implications of the guidelines for cartels are addressed. Moreover, the application of the policy to cases of abuse of dominance...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics