| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/10/790 (23.6.10) |
| Publication Date | 23/06/2010 |
| Content Type | News |
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The European Commission on 23 June 2010 fined 17 bathroom equipment manufacturers a total of €622,250,783 for a price fixing cartel covering six EU countries. A large number of household names are among the 17 undertakings fined: Artweger, Cisal, Dornbracht, Duravit, Duscholux, Grohe, Hansa, Ideal Standard, Kludi, Mamoli, Masco, Roca, RAF, Sanitec, Teorema, Villeroy & Boch and Zucchetti. The 12 year cartel covered ceramics such as sinks, baths, taps, and fittings. Masco received full immunity from fines under the Commission’s Leniency Programme, as it was the first to provide information about the cartel. The fines of five undertakings were reduced because of their likely inability to pay the fine given their financial situation. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/790&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
