EU Railways Seek Damages From Alleged Carbon Cartel

Law360, New York (December 20, 2010, 3:21 PM EST) -- A coalition of European rail operators has launched legal proceedings in the U.K. against the Morgan Crucible Co. PLC, Schunk GmbH & Co. KG, SGL Carbon AG and others, seeking damages connected to an alleged 11-year carbon and graphite products price-fixing cartel.

The railways — including Germany’s Deutsche Bahn AG, Italy’s Trenitalia SpA, the U.K.’s Angel Trains Ltd., Spain’s Metro de Madrid SA and Portugal's Comboios de Portugal EPE — filed an action Dec. 15 with the U.K.'s Competition Appeal Tribunal, claiming that four carbon and...
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