The European Commission fines power transformers cartelists over €67 M (ABB, Alstom/Areva T&D, Fuji Electrics)

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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  • Van Bael & Bellis (Brussels)

Quotation

Richard Burton, The European Commission fines power transformers cartelists over €67 M (ABB, Alstom/Areva T&D, Fuji Electrics), 7 October 2009, e-Competitions Bulletin October 2009, Art. N° 41721

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