Cement cartel fines cut

July 2009
Construction Europe;Jul2009, Vol. 20 Issue 7, p7
Trade Publication
The article reports on the move of Düsseldorf higher court to cut the imposed fines on five cement producers in Germany. The author states that the 649 million euros fine was decreased to 330 million euros after they are found guilty of operating a cartel. It also cites the different reactions of companies regarding the decrease in their fines as well as their stand on the issue.


Related Articles

  • Hungary's Competition Office fines cement companies.  // Regional Today;7/9/2014, p2 

    The article reports on the announcement by Hungary's Competition Office (GVH) on July 8, 2014 that it has fined eight cement companies as well as the Hungarian Concrete Association cartel activity.

  • Cartel penalty.  // International Construction;Apr2012, Vol. 51 Issue 3, p8 

    The article reports on the 19.8 million U.S. dollars that Lafarge Industries South Africa has agreed to pay due to a cement cartel in five southern African countries.

  • Penalties for cement industry.  // International Construction;Oct2013, Vol. 52 Issue 8, p7 

    The article reports on the $20 million fines imposed by the Belgian Competition Council (BCC), an administrative authority that promotes active economic competition in the country, against the three cement producers and two associations on their involvement in competition discrimination.

  • EC fines European firms.  // PPI: Pulp & Paper International;Feb2002, Vol. 44 Issue 2, p7 

    Reports the fines imposed by the European Commission's competition and mergers taskforce on companies that participated in a Europe-wide carbonless copy paper price cartel. Amount of the fines.

  • Court of justice quashes appeal from district heating 'cartel'  // European Power News;Apr2002, Vol. 27 Issue 4, p2 

    Reports the refusal of the European Commission to overturn the fines imposed on district heating companies operating a carter in Europe. Reduction of the fines by the European Court of First Instance; Reason for the reduction of fines; Effect of cartel on the domestic business of Powerpipe company.

  • COMPETITION AUTHORITY PROPOSES FINES.  // Elevator World;Dec2007, Vol. 55 Issue 12, p34 

    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...

  • Japan Steps Up Enforcement of the Antimonopoly Law Against Cartels.  // Venulex Legal Summaries;2009 Q1, Special section p1 

    The article reports on the initiative taken by the Japanese government to heighten the enforcement of its Antimonopoly Law. It mentions that the Japan Fair Trade Commission (JFTC) has imposed a total of ¥11.7 billion to two companies engaged in the domestic polyvinyl chloride (PVC) pipe...

  • THE ANALYSE OF THE REGULATIONS AT THE EUROPEAN LEVEL REGARDING CARTELS. CASE SUDY: CARTEL BETWEEN THE COMPANIES CHIQUITA AND PACIFIC. Berinde, Mihai; Fora, Andreea - Florina // Annals of the University of Oradea, Economic Science Series;2012, Vol. 21 Issue 1, p22 

    The present paper tries to make an analyse of the policy in the field of competition, at the level of the European Union, more exactly the policy applied on cartels. It is important to know the regulations regarding cartels, especially the way in which procedures are done in the case of a...

  • Cartel fines reach new heights. Baker, John; Gibson, Jane // ICIS Chemical Business;2/26/2007, Vol. 2 Issue 55, p5 

    The author comments on the fine handed by the European Commission (EU) to Otis, Kone, Schindler and ThyssenKrupp, makers of elevators and escalators. He said that the four companies were judged to have operated cartels in four EU countries in the installation and maintenance of elevators and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics