Brussels, 18/06/2014 (Agence Europe) - Investment bank Goldman Sachs is to lodge an appeal at the European Court of Justice against a decision by the European Commission to fine several electrical cable companies for price-fixing (see EUROPE 11052), according to reports in the Wall Street Journal on 18 June.
From 2005 to 2010, Goldman Sachs owned Italian electrical cable company Prysmian, and was considered jointly and severally liable for a fine of €37 million. The Commission says the...