*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – Conc. conc. dec. no. 08-D-32 of 16 December 2008 on practices implemented in the steel products trading sector This is a record for the Competition Council, which has once again demonstrated the firmness it can show when faced with what it considers to be exceptionally serious practices. 575 million for various cartels knowingly implemented by twelve companies (including three belonging to the Arcelor Mittal group) in the steel trading sector between 1999 and 2004. A complex and ongoing agreement that is as classic in principle as it is sophisticated in its implementation. It was following a complaint lodged by companies that are customers of steel
CASE COMMENT: ANTICOMPETITIVE PRACTICES - STEEL TRADING - CARTEL - EXCHANGE OF INFORMATION - JOINT PRICE SCHEMES - REPEAT OFFENCE (STATUTE OF LIMITATION)
Repeat offence - Statute of limitation: The French Competition Council imposes record fines and sets a statute of limitation - 20 years - for repeated offence (Cartel in the sector of trading of steel products)
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