The European Commission fines participants in concrete reinforcing bars cartel

"Commission fines participants in concrete reinforcing bars cartel"* On 17 December 2002 the Commission imposed fines totalling more than € 85 million on eight Italian firms for having organised, between 1989 and 2000, a cartel on the market in concrete reinforcing bars, a product used in the construction industry. The undertakings concerned were Alfa Acciai SpA, Feralpi Siderurgica SpA, Ferriere Nord SpA, IRO Industrie Riunite Odolesi SpA, Riva Acciaio SpA and Siderpotenza SpA, the latter being controlled by Lucchini SpA. Two other firms, Leali SpA and Acciaierie e Ferriere Leali Luigi SpA, were considered together since they formed a single entity until they were split up in 1998 and the latter of the two is in liquidation. Valsabbia Investimenti SpA and Ferriera Valsabbia SpA were

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  • DG COMP (Brussels)

Quotation

Flavio Laina, The European Commission fines participants in concrete reinforcing bars cartel, 17 December 2002, e-Competitions December 2002, Art. N° 36925

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