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| Author: | |
| Title: | Competition policy |
| Journal: | European Trends
1994 : 2nd QUARTER, p. 24-30 |
| Index terms: | COMPETITION POLICY MERGERS |
| Language: | eng |
| Abstract: | The Commission has found 16 European and Scandinavian procedures and distributors of steel girders guilty of operating a cartel, thereby infringing all the provisions of article 65 of the European coal and steel treaty, which out-laws price-fixing, market-sharing and the exchange of confidential information. On the total fines amounting to a record Ecu104m, the heaviest single penalty was imposed on British Steal. British Steal and German Stealmakers said they would appeal against the Commission's judgment to the European Court of Justice. |
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