A PYMNTS Company

Spain: Holcim and Lafarge in cartel probe

By  |  April 15, 2015

An ongoing investigation by Spanish competition authorities into a cement and concrete cartel is now including four more companies, including Lafarge and Holcim’s Spanish subsidiaries.

La Comisión Nacional de Mercados y Competencia said this week that it was continuing to look into the markets for cement, concrete and related products, and was now taking in four further companies for possible anti-competitive practices – Materiales y Hormigones, Lafarge Cementos, Holcim España and Hormibusa.

The CNMC said that during the investigation, access to information had led it to consider there were reasonable grounds for the inclusion of the four additional companies.

 

Full Content: CemNet.com

 

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