Brussels, 02/04/2014 (Agence Europe) - On Wednesday 2 April, the European Commission imposed fines totalling nearly €302 million on producers of underground and submarine high voltage power cables for operating a cartel at almost global level between 1999 and January 2009.
“These companies knew very well that what they were doing was illegal. This is why they acted cautiously and with great secrecy”, explained EU Competition Commissioner Joaquin Almunia. The European Commission has...