UPDATE 3-EU fines rubber cartel 519 mln euros

Newswire

(Adds Shell, Eni statements, lawyer comment, details) By Sabina Zawadzki and David Lawsky BRUSSELS, Nov 29 (Reuters) - The European Commission imposed its second-largest cartel fine ever on Wednesday -- 519 million euros ($685 million) -- on five companies for fixing prices of synthetic rubber used to make tyres and other products. The size of the fine reflects the EU executive's growing crackdown on cartels, and Competition Commissioner Neelie Kroes vowed to dish out even higher ...

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