Bridgestone will not appeal against Marine Hose fine

Brussels — Bridgestone  Corp. has said it wil not appeal against a decision by the EC to fine it for participation in a cartel to rig sales of marine hoses.

On January 28, 2009, Bridgestone Corporation and its British subsidiary, Bridgestone lndustrial Ltd. had received a notice of decision from the European Commission imposing a fine of 58.5 million euros with respect to the alleged international cartel of marine hose.

After careful consideration,  BSJ has determined that bringing the course of proceedings to…

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