The EU Commission fines six producers in the Marine Hoses cartel (Bridgestone / Yokohama / Dunlop Oil & Marine / Trelleborg / Parker ITR / Manuli / PW Consulting)

"The Marine Hoses cartel"*I. Introduction On 28 January 2009, the Commission adopted a decision relating to proceedings under Article 81 of the EC Treaty imposing a fine of over € 131 million [1] on six producers of marine hoses. There was a key novelty in the marine hoses case: it was the first to involve a search in a private home (see below). Otherwise, the marine hoses cartel was a textbook bid-rigging case. The arrangement between the companies was a classic cartel with pricefixing and quotas, which the case team dealt with in little more than two years. II. The marine hoses industry Marine hoses are used to load sweet or processed crude oil and other petroleum products from offshore facilities (for example, buoys, floating production, storage and offloading systems) onto

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Auteur

  • DG COMP (Brussels)

Citation

Maurits Pino, The EU Commission fines six producers in the Marine Hoses cartel (Bridgestone / Yokohama / Dunlop Oil & Marine / Trelleborg / Parker ITR / Manuli / PW Consulting), 28 janvier 2009, e-Competitions January 2009, Art. N° 35034

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