Issue Date: July 7, 2008
EU Proceeds on Chemical Cartel
The European Commission has sent a Statement of Objections to a number of companies that it says participated in a cartel covering the supply of calcium carbide and magnesium powder, products used in the steel and industrial gases industries. The commission had raided companies in January 2007 to seek data regarding a possible cartel. With the statement, the commission informs the parties about the objections raised against them, critical information the companies need for building their defense in the case.
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