Risky business

Metaxas, George
April 2007
ICIS Chemical Business;4/9/2007, Vol. 2 Issue 61, p24
Trade Publication
The article reports on the increasing fines imposed by the European Commission (EC) against cartels. The total amount of fines against cartels between 2004 and 2006 came close to £3 billion and affected almost 120 companies. About two-thirds of the total amount of fines was directed against producers of a diverse range of chemical products. The commission published new guidelines on the method for setting fines for violations of EC anti-trust rules.


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