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Europe Daily Bulletin No. 8816

28 October 2004
Contents Publication in full By article 15 / 28
GENERAL NEWS / (eu) eu/competition
Commission fines Coats and Prym for cartel on haberdashery market

Brussels, 27/10/2004 (Agence Europe) - The European Commission has just imposed fines totalling 60 million EUR on Coats and Prym for having operated a cartel on the needle market with the company Entaco, and for having segmented the European haberdashery products market (needles, pins, buttons, zip and fasteners) between 10 September 1994 and the end of 1999. The Commission gave Entaco full immunity from fines for producing the proof without which the market sharing agreements may never have...

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