A PYMNTS Company

Spain: Probe launched into corrugated board market with office raid

By  |  April 17, 2013

Spain’s antitrust authority, the CNC, has reportedly raided offices as it launches an investigation into the corrugated board market. The headquarters of an association of the industry, the AFCO, were searched earlier this month in response to suspicion of price-fixing within companies that make pulp, paper and corrugated board and box products. Additionally, members of the industry are alleged to have colluded to divide the market amongst themselves. AFCO confirmed in a statement that raids were in fact conducted at its headquarters, and promised full cooperation with authorities during the investigation.

    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.

    Full Content: EUWid

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

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