Rubber Cartel fined

24 April 2008

Five groups of companies have been fined € 519 million by the Dutch Competition Authority (Nma) for operating a price fixing cartel and customer sharing in the synthetic rubber sector. According to the Nma, companies belonging to Eni, Bayer, Shell, Dow, Unipetrol and Trade-Stomil operated the cartel between 1996 and…