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Image header Agence Europe
Europe Daily Bulletin No. 9371
Contents Publication in full By article 13 / 28
GENERAL NEWS / (eu) eu/competition

Commission fines members of lifts and escalators cartels over €990 million

Brussels, 21/02/2007 (Agence Europe) - Following the toughening up of the anti-trust measures adopted in July 2006, which saw a total of €1.8bn in fines, the Commission announced on Wednesday 21 February that a series of fines would be imposed for illegal agreements in 2007. The €992,312,200 in fines affect four companies involved in the installation and maintenance of lifts and escalators Otis (owned by US United Technologies), ThyssenKrupp (Germany), Schindler (Switzerland) and KONE...

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