EU Watchdog Accuses Recycling Co. Of Abusing Dominance

Law360, San Francisco (July 18, 2013, 2:17 PM EDT) -- The European Commission warned Altstoff Recycling Austria AG Thursday that it believes the recycler may have abused its dominant position in the market and could be found in violation of antitrust regulations if such conduct is proven.

The commission's warning came in the form of a statement of objections establishing its preliminary view that Altstoff's practices “may have hindered competitors.” Since it was created in 1993, Altstoff has been the primary company in Austria helping businesses meet their obligation to take back packaging waste from their...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.