Swiss Fine Window Fittings Cos. $8M For Price-Fixing

Law360, New York (November 4, 2010, 12:56 PM EDT) -- Switzerland's competition watchdog fined four window fittings manufacturers, including Paul Koch AG, more than 7.6 million Swiss francs ($7.9 million) Thursday for allegedly agreeing to fix prices for their products.

The Swiss Competition Commission's fines — which also targeted Siegenia-Aubi AG, SFS Unimarket AG and Aug. Winkhaus GmbH & Co. KG — come as the European Commission is running its own investigation into the alleged cartel in the window mountings industry.

Until 2007, the companies agreed on the timing and size of price increases for the...
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