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EU Court Upholds Akzo, Arkema Fines In Acid Cartel

By Erin Marie Daly (September 30, 2009, 1:58 PM EDT) -- A European court has kept in place €216.9 million ($317.6 million) in fines slapped on Dutch chemical company Akzo Nobel NV, France's Arkema and Germany's Hoechst AG after the companies appealed a European Commission ruling that they should fork over millions of euros in fines for allegedly fixing prices in the monochloroacetic acid market....

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