EU ANTI-TRUST RAIDS
April 1st, 2003
BY ALAN OSBORNTHE PREMISES of five major European chemical companies have been raided by the European Commission's antitrust services in a search for evidence of price-fixing in solvents, and a small list of other products. Brussels said the investigation was at a "preliminary stage" and could lead to no evidence of wrong-doing. The raids were made on March 25 and inspectors were looking for "evidence of suspected price-fixing and exchange of confidential commercial information," the Commission said.The identities of the companies targeted were disclosed in ...
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