Italy Fines Saint-Gobain Unit €2.2M For Blocking Rival

Law360, New York (July 13, 2010, 1:35 PM EDT) -- Italy's antitrust enforcer has fined a local unit of Saint-Gobain SA nearly €2.2 million ($2.8 million) for leveraging its dominance of the plasterboard market in an attempt to keep a potential competitor from building a plant near a gypsum quarry.

The Autorita Garante della Concorrenza e del Mercato hit Saint-Gobain PPC Italia SpA with a reduced fine because the company made an effort to mitigate the effects of its anti-competitive conduct, the regulator said Monday.

The watchdog's investigation showed that, beginning in 2005, the company engaged...
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