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Germany: The Cartel Office imposes fines of 646 million euros on three steel producers


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Bonn (AFP) The Federal Cartel Office has imposed fines of 646 million euros against three steel manufacturers and three responsible persons in the companies for illegal price fixing. They had exchanged and agreed between mid-2002 and June 2016 on surcharges and surcharges for so-called quarto plate, said the authority on Thursday. Thyssenkrupp Steel Europe, Ilsenburger Grobblech and Voestalpine Grobblech have to pay.

Source: zeit

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