The EU Commission imposes a fine of €51.8 million on companies for participating in a price-fixing cartel in the market of isostatic specialty graphite

"The specialty graphite price-fixing cartels"* On 17 December 2002 the Commission fined SGL Carbon AG, Le Carbone-Lorraine S.A., Ibiden Co., Ltd., Tokai Carbon Co., Ltd, Toyo Tanso Co., Ltd., NSCC Techno Carbon Co., Ltd., Nippon Steel Chemical Co., Ltd., Intech EDM B.V. and Intech EDM AG a total of€51.8 million for participating in a price-fixing cartel in the market of isostatic specialty graphite. In addition, SGL Carbon AG was fined € 8.81 million for its involvement in another price-fixing collusion affecting the market of extruded specialty graphite. GrafTech International, Ltd. (formerly UCAR), which was also found liable for both infringements, benefited from a 100% reduction of the fines because, it revealed the cartel’s existence to the Commission and provided decisive evidence

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Andres Garcia Bermudez, The EU Commission imposes a fine of €51.8 million on companies for participating in a price-fixing cartel in the market of isostatic specialty graphite, 17 December 2002, e-Competitions December 2002, Art. N° 36926

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