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July 07, 2010, 02:59 PM

Bathroom manufacturers fined £510m for price-fixing

By Ruby Hazael

Brabant Brussels, Belgium - A cartel formed by Ideal Standard in the USA and sixteen other bathroom equipment makers has been fined €622m by the EU Commission. The prices were fixed in six European countries and lasted for twelve years.

news.bbc.co.uk

Story Type:  News

ID: 53404

        
 
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