The Spanish Competition Authority fines fire extinguisher producers over 2 million Euro for price fixing and market sharing (Equipos c. Incendios)

On 26 June 2014, the Spanish National Markets and Competition Commission (“CNMC”) imposed a fine of over €2 million on six fire extinguisher producers [1]. The CNMC initiated its investigation following a leniency application filed on 26 July 2012 by TODOEXTINTOR S.L, one of the fire extinguisher producers. The CNMC carried out dawn raids simultaneously in the headquarters of various companies which were allegedly related to the possible infringement as reported by TODOEXTINTOR S.L. On the basis of the document obtained during the inspections, the CNMC opened the formal investigation against six fire extinguisher producers. In its decision, the CNMC came to the conclusion that a single and continuous infringement contrary to Article 1 of the Spanish

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

Andrea Redondo, The Spanish Competition Authority fines fire extinguisher producers over 2 million Euro for price fixing and market sharing (Equipos c. Incendios), 26 June 2014, e-Competitions June 2014, Art. N° 67870

Visites 265

All issues

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