EU Raids Compressor Makers In Global Cartel Probe

Law360, New York (February 18, 2009, 12:00 AM EST) -- Officials from the European Commission have raided the offices of several refrigeration and freezer compressor producers as part of a probe into a possible international cartel.

The EC confirmed the surprise inspections in a statement from Brussels, Belgium, on Wednesday, saying the raids were conducted in several member states the day before.

The agency said it had reason to think that the targeted companies may have breached EC Treaty rules banning restrictive business practices such as price-fixing and market allocation.

The U.S. Department of Justice is...
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