DUTCH BITUMEN CARTEL COMPANIES FINED
September 1st, 2006
BY KEITH NUTHALL
AN INTERNATIONAL cartel, inflating bitumen prices for road projects in the Netherlands, has been punished and broken by the European Commission. It fined 14 companies Euro 266,717 - among them British bitumen suppliers BP and Shell- for participating in a cartel setting the price of this crucial construction material. The secret agreement included eight suppliers, also including Esha, Klöckner Bitumen, Kuwait Petroleum, Nynäs, Total and Wintershall, and six construction firms: Ballast Nedam, Dura Vermeer, Heijmans, Hollandsche Beton Groep, ...
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