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

By  |  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.

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

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    Full content: Reuters

     

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