E.U.: Commission fines cartel for fixing price of mounted windows and window doors
The European Commission published a summary decision announcing fines of over 82 million euros to nine firms involved in a price-fixing cartel for mounting windows and window doors. According to the EC, the cartel spanned across the EEA, and the involved parties agreed on a common price for mountings for windows and window doors. The cartel has supposedly been in place from late 1999 until mid-2007, and it involved coordination through trade association activities. Some of these association activities can lead to competition law issues, including those dealing with pricing, advertising, customers, territories, market shares, terms of sale and other key aspects of competition, according to Canadian Regulatory Law.
Full Content: Canadian Regulatory Law
Related Content: Just What the Doctor Ordered, A Second Opinion for Vertical Price Fixing
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