EC warns polybutadiene rubber producers over cartel concerns

Brussels–The EC has sent a “statement of objections” to some producers of polybutadiene rubber, alleging participation in a price-fixing cartel.

EC competition spokesman, Jonathan Todd said, “We can confirm that the Commission sent a letter – the so-called ‘Statement of Objections’ – to several companies on 8 June. We cannot give information on the addressees nor on the content of the letter. This letter is the first stage in the procedure to investigate possible anti-trust violations. The companies are presumed innocent until proven otherwise. They…

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