The European Commission fines members of the organic peroxides cartel (Atofina / Peroxid Chemie / Laporte / Perorsa / AC-Treuhand)

"Commission fines members of the organic peroxides cartel"* In a decision adopted on 10 December 2003, the European Commission has imposed fines totalling nearly 70 million on Atofina, Peroxid Chemie, Laporte (now known as Degussa UK Holdings), Perorsa and AC Treuhand AG for operating acartel in the market for organic peroxides. Akzo received full immunity from fines for having revealed the cartel. Organic Peroxides are chemicals used in the plastic and rubber industries. Summary of the infringement The cartel began already in January 1971 and lasted until the end of 1999. This makes it the longest-lasting cartel ever uncovered by the Commission. It was based on agreed market shares for each participant, combined with customer allocation and co-ordinated price increases. In 1971 the

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Torsten Peters, The European Commission fines members of the organic peroxides cartel (Atofina / Peroxid Chemie / Laporte / Perorsa / AC-Treuhand), 10 December 2003, e-Competitions Bulletin December 2003, Art. N° 36895

Visites 288

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues