EU Fines Suez Environnement €8M For Broken Seal

Law360, New York (May 24, 2011, 12:51 PM EDT) -- The European Union's antitrust watchdog fined Suez Environnement Co. SA €8 million ($11.3 million) on Tuesday for breaking a seal investigators placed at a subsidiary's offices during a cartel probe of French water management companies.

The European Commission slapped Suez and its Lyonnaise des Eaux France SA unit with the penalty after a nearly yearlong investigation. The regulator's officials routinely use seals — which do not tear but display the words "OPEN VOID" when tampered with — to protect evidence at a company's headquarters after the...
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