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Europe Daily Bulletin No. 9332
GENERAL NEWS / (eu) eu/competition

Commission imposes €3 168 000 fine on ThyssenKrupp Stainless AG

Brussels, 20/12/2006 (Agence Europe) - The European Commission has re-adopted a decision on a cartel in the stainless steel sector and fined ThyssenKrupp Stainless AG (formerly Krupp Nirosta GmbH) a total of €3 168 000. The infringement consisted in the participation of Thyssen Stahl GmbH (formerly Thyssen Stahl AG) in a cartel fixing an important part of the price of stainless steel ("the alloy surcharge") between 1993 and 1994 in violation of Article 65 of the (now lapsed) ECSC Treaty....

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