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ThyssenKrupp, Vossloh, and Voestalpine fined €124.5 M for price-fixing

 |  July 5, 2012

Germany’s Bundeskartellamt has fined ThyssenKrupp, Vossloh, and Voestalpine 124.5 million euros ($154.23 million) for operating a rail track price-fixing cartel between 2001 and 2011. At 103 million euros, ThyssenKrupp received the greatest penalty.

Deutsche Bahn has already announced that it will be suing all three companies. It seeks 100 million euros ($125 million) in damages.

Full content: Reuters


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