The European Commission fines members of the monochloroacetic acid cartel (Akzo, Atofina, Hoechst, Clariant)

"Commission fines members of the monochloroacetic acid cartel"* In a decision adopted on 19 January 2005 the Commission found that four groups of undertakings had participated in a cartel in the market for monochloroacetic acid. The cartel ran for 15 years from 1984 until 1999 and covered the whole of the European Economic Area. Fines totalling almost EUR 217 million were imposed on Akzo, Hoechst and Atofina (now know as Arkema) for their involvement in the cartel. Clariant escaped the imposition of a fine altogether in view of its cooperation with the Commission under the 1996 Leniency Notice. Summary of the infringement Monochloroacetic acid (MCAA) is a reactive organic acid which is a chemical intermediate used in the manufacture of detergents, adhesives, textile auxiliaries and

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  • European Commission - DG COMP (Brussels)

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Christopher Mayock, The European Commission fines members of the monochloroacetic acid cartel (Akzo, Atofina, Hoechst, Clariant), 19 January 2005, e-Competitions January 2005, Art. N° 36862

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