TITLE

COMPETITION AUTHORITY PROPOSES FINES

PUB. DATE
December 2007
SOURCE
Elevator World;Dec2007, Vol. 55 Issue 12, p34
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports on the notice issued by the Austrian Cartel court in February 2007 to several elevator companies regarding the initiation of proceedings for the imposition of fines against companies possibly involved in anti competitive practices in the elevator and escalator market. The cartel court proposed to fine Otis Elevator Co., Schindler Holding AG and its subsidiaries for suspected anti-competitive activities in the middle of 2004. The proposed fine is the theoretical maximum but the exact amount will be determined by the court.
ACCESSION #
28145242

 

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