Brussels, 07/10/2009 (Agence Europe) - On Wednesday 7 October, the European Commission handed down total fines of 67,644,000 euros to seven producers of power transformers for illegal market sharing. Between 1999 and 2003, the European companies ABB, AREVA T&D and ALSTOM agreed not to sell their transformers in Japan, in exchange for a commitment on the part of their Japanese competitors Fuji Electrics, Hitachi and Toshiba not to sell their products in Europe. The German producer Siemens was...