EC re-adopts cartel ruling, imposes $18m fine on Italian rebar producers for historic price-fixing

摘要

The European Commission (EC) has re-adopted a cartel ruling against five Italian rebar producers and imposed fines totalling €16.07 million ($18.14 million), it said on Thursday July 4. The decision related to the companies’ participation in a price- fixing cartel between December 1989 and July 2000. The five steelmakers named by the EC were Alfa Acciai, Feralpi, Ferriere Nord (Pittini), Partecipazioni Industriali (Riva) and Ferriera Valsabbia.