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Europe Daily Bulletin No. 9095

22 December 2005
GENERAL NEWS / (eu) eu/competition
Over 75 million in fines for rubber chemical cartel

Brussels, 21/12/2005 (Agence Europe) - On Wednesday, the Commission decided to fine four companies 75.8 6 million EUR for operating a cartel in the rubber chemicals market. Between 1996 and 2001, Flexys, Bayer and Crompton (now Chemtura), joined between 1999 and 2000 by General Quimica, agreed to exchange information on prices and/or to increase the prices of certain products (anti-oxidants, antiozonants and primary accelerators) on the markets of the European Economic Area (EEA) and...

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