The Argentinean Supreme Court denies certiorari in case concerning a cartel in the cement market, where one of the largest fines ever was imposed (Loma Negra Compañía Industrial)

In 1999, the Argentine Antitrust Agency (Comisión Nacional de Defensa de la Competencia) started ex officio an investigation focused on the alleged cartelization of the cement industry. This investigation was opened after a journalist published an article on a news magazine on the subject and then submitted to the Argentine Competition Agency a manuscript of a book which explained, in great detail, how this cartel worked. This book had presumably been written by a former employee of one of the cartelized firms, whose identity was never confirmed. According to this source, the cartelization agreement involved the largest firms in the market. The

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Lucas Sebastian Grosman, The Argentinean Supreme Court denies certiorari in case concerning a cartel in the cement market, where one of the largest fines ever was imposed (Loma Negra Compañía Industrial), 7 May 2013, e-Competitions May 2013, Art. N° 54008

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