The EU Commission fines 17 bathroom equipment manufacturers for a price-fixing cartel and applies a "financial constraints" discount to 5 of them (Artweger / Cisal)

The European Commission (Commission) yesterday announced fines imposed on seventeen companies totalling EUR 622 million for a price fixing cartel relating to bathroom equipment (IP/10/790). This is the Commission's second cartel decision of 2010 and follows the Commission's first cartel settlement of the DRAM proceedings last month (IP/10/586). The Commission found that between 1992 and 2004, the cartel participants coordinated the sales price for bathroom fixtures and fittings in Austria, Belgium, Italy, France, Germany, and The Netherlands. The participants were found to have fixed price

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  • Winston & Strawn (London)

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Peter Crowther, The EU Commission fines 17 bathroom equipment manufacturers for a price-fixing cartel and applies a "financial constraints" discount to 5 of them (Artweger / Cisal), 23 June 2010, e-Competitions June 2010, Art. N° 37344

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