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Europe Daily Bulletin No. 10584

29 March 2012
ECONOMY - FINANCE - BUSINESS / (ae) competition
€73 million fine for sodium chlorate cartel

Brussels, 28/03/2012 (Agence Europe) - €73,401,000: that is the total of the fines imposed by the European Commission on four groups of companies on Wednesday 28 March for allocating sales volumes and fixing prices for sodium chlorate, an oxidising agent used mainly for bleaching paper, in breach on the ban on cartels and restrictive business practices in the EC Treaty and the EEA Agreement. The companies concerned are EKA Chemicals, Akzo Nobel, Finnish Chemicals, Erikem Luxembourg, Arkema...

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