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Europe Daily Bulletin No. 8670

20 March 2004
Contents Publication in full By article 16 / 38
GENERAL NEWS / (eu) eu/competition
Kone and United Technologies admit anti-competitive practices in some branches

Brussels, 19/03/2004 (Agence Europe) - Finnish group Koné, world's fourth largest lift manufacturer, admitted having uncovered 'anti-competitive practices' at its German, Luxembourg and Belgian branches following investigations it carried out at its premises. The group decided to launch an internal audit following the opening of a Commission investigation at the end of January (see EUROPE 3 January). Koné nonetheless highlighted that the irregularities have repercussions on local markets...

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