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Image header Agence Europe
Europe Daily Bulletin No. 12851
Contents Publication in full By article 22 / 30
ECONOMY - FINANCE - BUSINESS / Competition

European Commission fines former ethanol producer Abengoa €20 million for cartel participation

On Friday 10 December, the European Commission decided to impose a fine of €20 million on the Spanish company Abengoa S.A. and its subsidiaryAbengoa Bionenergía S.A. (‘Abengoa’) for participating in a cartel concerning the wholesale price formation mechanism in the European ethanol market.

The port of Rotterdam and the Amsterdam-Rotterdam-Antwerp barge market are the main trading locations for ethanol in Europe. S&P Global Platts (‘Platts’) takes the trading activity in this...

Contents

SECTORAL POLICIES
SOCIAL AFFAIRS - EDUCATION
EU RESPONSE TO COVID-19
EXTERNAL ACTION
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
NEWS BRIEFS