TITLE

New raids as cartel accusations spread

AUTHOR(S)
Wood, Janet
PUB. DATE
February 2007
SOURCE
Utility Week;2/23/2007, Vol. 26 Issue 21, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
24536637

 

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