VITAMIN CARTEL
December 1st, 2001
BY KEITH NUTHALL
THE EUROPEAN Commission has fined eight companies Euro 855.22 million for participating in cartels inflating prices of vitamins they produced between 1989 and 1999. Companies involved included Switzerland's Hoffman-La Roche, BASF, of (Germany), AG Aventis SA, (France), Solvay Pharmaceuticals BV, (Netherlands), Merck KgaA, (Germany), Daiichi Pharmaceutical Co Ltd, (Japan), Eisai Co Ltd, (Japan), and Takeda Chemical Industries Ltd, (Japan).
THE EUROPEAN Commission has fined eight companies Euro 855.22 million for participating in cartels inflating prices of vitamins they produced between 1989 and 1999. Companies involved included Switzerland's Hoffman-La Roche, BASF, of (Germany), AG Aventis SA, (France), Solvay Pharmaceuticals BV, (Netherlands), Merck KgaA, (Germany), Daiichi Pharmaceutical Co Ltd, (Japan), Eisai Co Ltd, (Japan), and Takeda Chemical Industries Ltd, (Japan).
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