E.C. Flattens Elevator Makers With €992M Fine
On Wednesday, the E.C.’s antitrust authority smacked ThyssenKrupp AG and three others with nearly a €1 billion collective fine for their anti-competitive behavior in the elevator and escalator market.
“It is outrageous that the construction and maintenance costs of buildings, including hospitals, have been artificially bloated by these cartels,” said Competition Commissioner Neelie Kroes. "The national management...
To view the full article, register now.