EC investigates alleged polychloroprene cartel

Brussels – The European Commission has recently sent a Statement of Objections to, “a number of companies” regarding their alleged role in a cartel for chloroprene rubber (CR). The EU did not add any further details and did not name any of the companies involved.

Statements of Objections are a formal step in European antitrust investigations. After receiving such statements, companies have around two months to defend themselves in writing. They can also ask the Commission to hear their case at an oral hearing which usually…

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