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Spain: Watchdog carries out preliminary inspection on price fixing allegations

By  |  January 26, 2015
Spain: Watchdog carries out preliminary inspection on price fixing allegations

Spanish competition regulator, CNMC, has carried out preliminary inspections over 20-21 January 2015 at the headquarters of various local concrete and cement producers on allegations of potential price fixing.

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    According to the article published in Expansion, if found guilty of colluding to fix prices, the companies could face a fine accounting for up to 10 per cent of annual turnover.

    Full Content: Expansion.com

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