Canada fines Bayer Group C3,645 million for price fixing

摘要

Calgary-Canada's Competition Bureau said October 30 that the Bayer Group has pleaded guilty to price fixing conspiracies of chemicals that make artificial rubber and has been fined a total of C3,645 million(3.8 million)..Bayer AG of Germany was fined a total 3.3 million and its wholly-owned US subsidiary 345,000."Bayer pleaded guilty to violating section 45 of the Competition Act,"said the Competition Bureau's statement."Under this section,any agreement between competitors to fix prices or share markets that results in an undue lessening competition in Canada is a criminal offence."