?8.8M IN NEW FINES LEVIED ON SPANISH ELASTOMERIC FOAM PRICE FIXERS

摘要

Madrid-The Spanish anti-trust organisation CNC has imposed fines of ?8.8m ($11.7m) on two elastomeric foam companies that operated a price fixing agreement for over a decade, the CNC said in a statement. The CNC said the two firms, Armacell Iberia SA and L'lsolante K-Flex Espana had agreements spanning at least eleven years-to increase sale prices and share out the market