The French Competition Authority sanctions several companies for having entered into an agreement on the market for high voltage electric cables (Nexans / Safran)

Press Release published on the official website of the French Competition Authority.

Agreement on the market for high voltage electric cables: The Conseil de la concurrence penalizes the major cable suppliers to €19.5 million for making an agreement during two successive invitations to bid organised by EDF.* Following a referral by EDF against practices implemented by several high tension cable suppliers, the Conseil de la concurrence issues an opinion in which it penalizes companies Nexans France, Prysmian Energies Câbles et Systèmes (owner of Pirelli), Safran (owner of Sagem), Draka Paricable and grupo General Cable

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French Competition Authority, The French Competition Authority sanctions several companies for having entered into an agreement on the market for high voltage electric cables (Nexans / Safran), 26 July 2007, e-Competitions Bulletin Commitment Decisions, Art. N° 60587

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