The EU Commission fines power transformers cartelists over €67 M (Power Transformers)

Burton, Richard

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7 Oct 2009

The EU Commission fines power transformers cartelists over €67 M (Power Transformers)

KEYWORDS

Reference

EU Commission, Power Transformers, Case 39.129, 7 October 2009

On 7 October 2009, the Commission announced that it had imposed fines totalling € 67.6 million on a number of European and Japanese companies for having participated in a market-sharing cartel that operated on the market for power transformers between June 1999 and May 2003 in breach of Article 81 EC and Article 53 of the EEA Agreement.

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Author

Richard Burton
Van Bael & Bellis (Brussels)

Belgium 380 contributions 90651 visits

Quotation

Richard Burton, The EU Commission fines power transformers cartelists over €67 M (Power Transformers), 7 October 2009, e-Competitions October 2009, Art. N° 41721

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