Law360, New York (October 07, 2009) -- The European Commission has fined six power transformer producers a total of €67.6 million ($100 million) for running a market-sharing cartel the companies allegedly referred to as a “gentlemen's agreement.”
The antitrust watchdog announced penalties Wednesday against Japan's Toshiba Corp., Hitachi Ltd. and Fuji Electrics, and European companies ABB Ltd., Areva T&D SA and Alstom SA....


