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Image header Agence Europe
Europe Daily Bulletin No. 8246
Contents Publication in full By article 13 / 50
GENERAL NEWS / (eu) eu/competition

Degussa and Nippon Soda fined for forming pet food cartel - Aventis escapes fine

Brussels, 02/07/2002 (Agence Europe) - The Commission has fined Germany's Degussa EUR 118 million and Japan's Nippon Soda Company Ltd EUR 9 million for their involvement in a cartel in the methionine market. The France company Aventis was also involved in the cartel, but in line with a 1996 Communication, it was exempted from any fines for having revealed the existence of the cartel and provided the Commission with decisive proof of how it operated. It would otherwise have been subject to a...

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