New raids as cartel accusations spread

Wood, Janet
February 2007
Utility Week;2/23/2007, Vol. 26 Issue 21, p10
Trade Publication
The article reports on new raids conducted by European Union antitrust investigators at power component manufacturers to investigate collusion in the market for power transformers in Germany, Austria and the Netherlands between 1999 to 2003. Siemens of Germany and ABB were among the companies being investigated. It is said that the strategy of heavy fines combined with rewards for whistleblowers of the European Commission is having some success.


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