Bridgestone Cited In EU Marine Hose Probe

Law360, New York (May 2, 2008, 12:00 AM EDT) -- Continuing its investigation into the marine hose industry, the European Commission has accused Japanese tire maker Bridgestone Corp. of taking part in anti-competitive behavior regarding its sales of marine hose.

Bridgestone and its United Kingdom subsidiary Bridgestone Industrial Ltd. received a statement of objections from the EC on Thursday, apprising the company of its possible infringement of antitrust rules.

The company revealed the accusations in a statement Friday, adding that plans to “examine the European Commission's preliminary findings as reported in the statement of objections and...
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