News

European producers fined for price fixing

06/12/2007

Well known producers including the Bayer, Denka, DuPont, Dow, ENI and Tosoh groups have been fined a total of €243,210,000 by the European Commission for participating in a cartel which fixed prices for chloroprene rubber — which is used for rubber components in the inner soles of shoes and as adhesive — in the European Economic Area (EEA) between 1993 and 2002.

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