Spain hits concrete cartel with €16 million in penalties

September 2012
Construction Europe;Sep2012, Vol. 23 Issue 7, p5
Trade Publication
The article reports on the 16 million euros fines imposed by the Comisió Nacional de la Competencia (CNC), the competition authority of Spain, on seven companies involved in the geotechnical tensioning and reinforced concrete industries as were charged of acting as a cartel for 14 years starting 2012.


Related Articles

  • Cartel deterrence: The search for evidence and argument. Harding, Christopher // Antitrust Bulletin;Summer2011, Vol. 56 Issue 2, p345 

    The article discusses the difficulty in measuring the efficacy of cartel deterrence policies and sanctions. The author begins by examining the reasons why deterrence has become central to the rhetoric surrounding cartel regulation and economic competition law. Difficulties identifying efficacy...

  • CARTELS AS RATIONA L BUSINESS STRATEGY: CRIME PAYS. Connor, John M.; Landed, Robert H. // Cardozo Law Review;Dec2012, Vol. 34 Issue 2, p427 

    The article discusses concerns related to U.S. cartel sanctions. It analyzes whether cartels have been sanctioned optimally because of data constraints, and complexity of factors involved. It examines the optimal deterrence of cartels including separate discussions of the necessary individuals...

  • ...as EC levies fines on cartel. Beacham, Will // European Chemical News;10/6/2003, Vol. 79 Issue 2071, p7 

    Reports on the move of the European Commission to fine sorbates chemical producers Hoechst, Daicel, Ueno and Nippon Synthetic for operating a price cartel between 1979 and 1996. Amount of fine imposed on the companies; Immunity granted to Chisso of Japan; Market share of the companies in 1995.

  • 'We protect the interests of the common man'. Chauhan, A. K. // Gfiles;Jul2013, Vol. 7 Issue 4, p70 

    An interview with Competition Commission director general Ajay Kumar Chauhan is presented. Chauhan points out that he is proud to become the first director of the commission. For him, the competition in the Indian market is not always fair and points out the significance of a healthy competition...

  • Bargaining in the shadow of the European settlement procedure for cartels. Schinkel, Maarten Pieter // Antitrust Bulletin;Summer2011, Vol. 56 Issue 2, p461 

    The article discusses the European Commission's legal settlement procedures regarding cartels, with emphasis given to its denial of plea bargaining bargaining and negotiation. The author argues that such a hard stance on settlements may actually have negative effects on cartelization deterrence...

  • Pleasing the customer. Brown, Bob // Waste News;11/24/97, Vol. 3 Issue 28, p3 

    Reports on the pending approval of the sales of New York City carting companies. How to determine if a company profited from the cartel's policy that prevented real pricing competition; Provisions of the cartel policies; Reason for the adoption of the policies by the city's commission.

  • Corporate criminals: cracking down on cartels. Bright, Chris; Currie, Kate // Consumer Policy Review;Sep/Oct2002, Vol. 12 Issue 5, p166 

    Examines British proposals to criminalize cartels and how they will work in practice. Introduction to competition law enforcement in Great Britain; Background on the proposals; Description of the offense; Overview of the debate surrounding the need for the offense.

  • The cartel buster wins strong support.  // BRW;4/15/96, Vol. 18 Issue 14, p27 

    Reports that Allan Fels' cartel-busting seems to have the strong support of big business chief executives. Fels' support across industry sector; Pursuing of companies that are engaging in anti-competitive pricing activities; Agreement to write Trade Practices Act provisions under the Hilmer...

  • Cartel warning for DKR.  // Chemical Week;7/6/1994, Vol. 155 Issue 1, p15 

    Reports on the official warning issued by the German Cartel Office (Kartellamt) to plastics recycling company DKR for breach of cartel regulations. Kartellamt's dissatisfaction with the nature of DKR's shareholding.


Read the Article


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

Try another library?
Sign out of this library

Other Topics