EC hits Bayer, Zeon with price-fixing fines

January 2008
Rubber & Plastics News;1/28/2008, Vol. 37 Issue 13, p3
Trade Publication
The article reports that the European Commission (EC) has imposed fines on Bayer AG and Zeon Corp. for price-fixing of nitrile-butadiene rubber. According to the commission, between late 2000 and 2002, both Bayer and Zeon raised or stabilized prices through a series of meetings and other illicit contacts. This is the fourth time that the EC has fined companies over cartel actions involving synthetic rubber.


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