(Adds details) BRUSSELS, Nov 29 (Reuters) - The European Commission imposed its second-largest cartel fine ever on Wednesday -- 519 million euros ($685 million) -- against five companies for fixing prices of synthetic rubber used to make tyres and other products. "Companies belonging to the groups Eni, Bayer, Shell, Dow, Unipetrol and Trade-Stomil operated the cartel from at least 1996 to 2002," the Commission said in a statement. The Commission fined Eni of Italy 272.3 million euros; ...
Premium Content (PAID Subscription Required)
"UPDATE 1-EU fines rubber cartel 519 mln euros" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.