Trade Resources Company News An Initial Decision Has Meanwhile Been Reached in The Cartel Proceedings

An Initial Decision Has Meanwhile Been Reached in The Cartel Proceedings

An initial decision has meanwhile been reached in the cartel proceedings conducted by the Polish cartel authorities against the wood-based panel manufacturers Kronospan Szczecinek, Kronospan Mielec, Kronopol, Pfleiderer Grajewo and Pfleiderer Prospan. The proceedings have been underway since 30 March 2012. According to the cartel authortities, a cartel penalty to the amount of PLN13.7m (equivalent to €3.4m) has been imposed on Kronopol, which belongs to Krono Group Switzerland, on account of price agreements with its distributors.

 

Source: http://www.euwid-wood-products.com/news/wood-based-panels/single/Artikel/initial-decision-taken-by-polish-cartel-authorities.html
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Initial Decision Taken by Polish Cartel Authorities
Topics: Construction