The German Higher Regional Court of Düsseldorf halves the fines to the cement cartel based on the result of an independent economic analysis (Cement Cartel)

In 2001, the Bundeskartellamt conducted a series of dawn raids and discovered the existence of a cartel in the cement industry in Germany. Cement producers had divided the market, reaching agreements on sales quotas. This cartel had been operating at least since the beginning of the 1990s. In April and December 2003, the Bundeskartellamt fined 12 cement producers for a total of €702 million, and the fine for the six largest cement companies amounted to €660 million. This represents the largest fine ever for such an infringement in Germany. Several parties appealed the decision in front of the Higher Regional Court of Düsseldorf. In 2009, the Court confirmed the findings that cement producers had formed a cartel, but it reduced the fines significantly because the Bundeskartellamt used

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

  • RBB Economics (Brussels)

Quotation

Benoît Durand, The German Higher Regional Court of Düsseldorf halves the fines to the cement cartel based on the result of an independent economic analysis (Cement Cartel), 26 June 2009, e-Competitions Bulletin June 2009, Art. N° 30197

Visites 1156

All issues

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