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Image header Agence Europe
Europe Daily Bulletin No. 11007
ECONOMY - FINANCE - BUSINESS / (ae) price-fixing

Foam manufacturers fined €114 million

Brusssels, 29/01/2014 (Agence Europe) - On Wednesday 29 January, the European Commission found that the four main producers of flexible polyurethane foam had participated in a cartel and the Commission has therefore imposed fines totalling €114,077,000. Flexible polyurethane foam is mainly used in household furniture such as mattresses or sofas. Applications in the automotive sector - in particular for car seats - also account for around a quarter of the total flexible polyurethane foam...

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