CLOTHING AND TEXTILE BLEACH PRICE FIXING FINE STANDS
July 1st, 2011
BY KEITH NUTHALL
AN APPEAL by a major French chemical group against Euro EUR78.66 million fines for price fixing in the European hydrogen peroxide and sodium perborate bleaching agent market has been rejected by European Court of Justice. It ruled Arkema France and parent companies Total and Elf Aquitaine should together pay these European Commission fines, imposed for participating in a cartel.
ENDS
AN APPEAL by a major French chemical group against Euro EUR78.66 million fines for price fixing in the European hydrogen peroxide and sodium perborate bleaching agent market has been rejected by European Court of Justice. It ruled Arkema France and parent companies Total and Elf Aquitaine should together pay these European Commission fines, imposed for participating in a cartel.
ENDS
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