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Cement cartel ordered to pay z³.411 million record fine

10th December 2009
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The Office of Competition and Consumer Protection (UOKiK) has fined six cement producers z³.411 million for operating a price-fixing cartel – a record in Poland.

Although a seventh also fixed prices, it was not fined since it had alerted authorities about the procedure.

The five companies which were fined the most were Grupa Ożarów, Cemex Polska, Dyckerhoff Polska as well as cement plants Cementownia Warta and Cementownia Odra. Górażdże Cement received a reduced fine.

According to UOKiK, the companies found that the largest cement producers have shared market information and fixed prices of building materials for the last 11 years. (RG)

Source: TVN24


From Warsaw Business Journal

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