The Spanish Competition Authority fines six companies for altering the solid fuels trading market (FISL / Grafitos / Toro)

The CNMC fines six companies for altering the solid fuels trading market* The sanctioned companies exchanged sensitive commercial information, allocated customers and fixed prices through various agreements.These practices, which are highly detrimental to competition and prohibited by law, took place throughout Spain between 1999 and 2018.The cartels, fined a total of €3.5 million, focused on marketing metallurgical coke, petroleum coke, coal, anthracite, foaming agents, smelting additives and micronized petroleum coke.The CNMC is also fining several of their managers a total of €166,700 for their role in the infractions. The CNMC has issued fines totalling €3.5 million to six companies that market different types of solid fuels. The companies, organised into three cartels, engaged in

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Spanish Competition Authority, The Spanish Competition Authority fines six companies for altering the solid fuels trading market (FISL / Grafitos / Toro), 12 January 2021, e-Competitions January 2021, Art. N° 99090

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