| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/04/1065 (3.9.04) |
| Publication Date | 03/09/2004 |
| Content Type | News |
|
The European Commission has decided to fine a group of companies a total of €222.3 million for operating a cartel in the European market for water, heating and gas tubes for a period of up to 12 years. These are Sweden's Boliden group, Halcor S.A. of Greece, HME Nederland BV, the IMI group (UK), the KME group (Germany, Italy and France), Mueller Industries, Inc. (USA, UK and France), Finland's Outokumpu and Wieland Werke AG of Germany. Today's decision takes to €4.55 billion the total amount of fines imposed by the present Commission for antitrust violations in the European Union since it took office in October 1999. |
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| Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/1065&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Finland, Germany, Greece, Italy, Netherlands, Sweden, United Kingdom |
