Monday, April 21st, 2014
Today's weather     
Cement cartel ordered to pay z³.411 million record fine

10th December 2009
Bookmark and Share

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

The business of politics
Poland’s PM owes Putin one
BY Remi Adekoya
A few months ago, Civic Platform (PO), Poland’s ruling party, looked sure to lose the upcoming European Parliamentary elections in May. Poll ... READ MORE
From the editor
A day full of possibilities
BY Andrew Kureth
My favorite cartoon ever drawn is the final strip of the iconic “Calvin and Hobbes” series, by fellow Kenyon College alumnus ... READ MORE
Our partners