CARTEL FINE
January 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Commission has fined Britain's Britannia Alloys & Chemicals Ltd, James Brown Ltd and Trident Alloys Ltd, plus Germany's Heubach GmbH & Co. KG, France's Société Nouvelle des Couleurs Zinciques S.A., and Norway's Waardals Kjemiske Fabrikker A/S a total of Euro 11.95 million for participating in a price-fixing and market-sharing cartel in zinc phosphate. This anti-corrosion mineral pigment is widely used in the manufacture of industrial paints. A Commission investigation concluded that between 1994 and 1998, the six companies ...
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