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EU Affirms €20M Cigarette Cartel Fine

By Ben James (December 12, 2007, 12:00 AM EST) -- Europe's highest court has affirmed the Italian competition watchdog's 2003 decision to fine Ente Tabacchi Italiani – the former Italian state tobacco company that went private in 2003 – €20 million ($29.4 million) for fixing the prices of cigarettes, holding that responsibility for breaching competition rules can pass from one entity to another if they answer to the same public authority....

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