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…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with