EC welcomes judgment in rubber cartel case

ERJ staff report (RD)

Brussels – The European commission has welcomed a judgment by the Court of First Instance confirming the EC’s decision against the Spanish companies General Quimica SA, Repsol YPF SA and Repsol Quimica SA of December 2005, including total fines of around Euro 75 million, the Commission said 18 Dec.

In the contested decision the Commission found that the applicant, among other undertakings, had infringed Article 81(1) of the EC Treaty on restrictive business practices by participating, between 1999-2000, in a cartel…

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