A PYMNTS Company

Germany: Regulators investigate Austria’s Voestalpine

By  |  September 13, 2017

Austrian specialty steelmaker Voestalpine said Germany’s antitrust regulator, the Bundeskartellamt, raided its headquarters in Linz on Tuesday, September 12, as part of an investigation into steel producers.

The Bundeskartellamt last week widened its investigation into suspected violations of antitrust laws in the industry, with ArcelorMittal and Salzgitter confirming searches at some of their subsidiaries.

The investigation expands a cartel office inquiry already covering makers and sellers of stainless steel, car manufacturers and suppliers, as well as firms in the forging sector.

The Austrian company is involved in another investigation by German authorities into possible fixing of alloy surcharges, which dates back to November 2015.

Full Content: Industrie Magazine

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