Brussels fines chemical cartel €243m

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Series Details 6.12.07
Publication Date 06/12/2007
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Five multinational chemicals groups were hit with a €243.2m fine, December 2007, for running a nine-year cartel in Europe’s market for chloroprene rubber, which is used in a variety of products from diving equipment to condoms and footwear.

Related Link(s)
European Commission: Press Release: IP/07/1855: Antitrust: Commission fines producers of chloroprene rubber € 243.2 million for market sharing and price fixing in the EEA http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1855&format=HTML&aged=0&language=EN&guiLanguage=en

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