login
login
Image header Agence Europe
Europe Daily Bulletin No. 10171
Contents Publication in full By article 28 / 41
GENERAL NEWS / (eu) eu/competition

€518 million fine on prestressing steel producer cartel

Brussels, 30/06/2010 (Agence Europe) - On Wednesday 30 June, the European Commission fined 17 producers of prestressing steel a total of € 518,470,750 for operating a cartel that lasted 18 years until 2002. In total, there are 36 steel producers involved, which use the long, curled steel wires (prestressed) with concrete in construction sites to make foundations, balconies or bridges. The cartel involved all the countries that then formed the EU except the United Kingdom, Ireland and...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT