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Europe Daily Bulletin No. 8669

19 March 2004
Contents Publication in full By article 31 / 50
GENERAL NEWS / (eu) eu/court of first instance
Hoechst calls for fine for agreement on sorbates market to be cancelled

Luxembourg, 18/03/2004 (Agence Europe) - The Hoechst group has called upon the Court of First Instance to cancel the 99 million EUR fine imposed upon it by the European Commission for a concerted arrangement in the sorbates sector, especially setting "target prices".

The German group feels that the Commission "unjustly" favoured another company during the administrative procedure. It points to what it describes as irregularities in the way the procedure was carried out. This, it claims,...

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