EU fines marine hose cartel 131.5 mln euros


By Marcin Grajewski BRUSSELS, Jan 28 (Reuters) - European Union competition authorities fined a group of marine hose producers led by Japan's Bridgestone Corp 131.5 million euros ($173 million) on Wednesday, saying they had run a global cartel. The European Commission said the firms -- including Sweden's Trelleborg , British-based Dunlop Oil and Marine Ltd, a unit of Germany's Continental Group AG ; Parker ITR Srl and Italy's Manuli Rubber Industries SpA -- fixed prices and exchanged ...

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