A PYMNTS Company

EU: European antitrust cement case tossed

By  |  August 4, 2015

The European Commission has decided to close an antitrust investigation opened in December 2010 against a number of European cement manufacturers including Cemex, Holcim and HeidelbergCement.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Originally, a number of companies were suspected by the Commission of colluding with rivals to fix prices in Austria, Belgium, the Czech Republic, France, Germany, Italy, Luxembourg, the Netherlands, Spain and the UK.

    The Commission said there had been indications suggesting possible import/export restrictions, market sharing, price co-ordination and information exchanges in the markets for cement and related products. It said that inspections had been carried out in November 2008 and September 2009 at the premises of companies in Germany, France, the UK, Belgium, the Netherlands, Italy, Luxembourg and Spain.

    Full content: Concrete Products

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.