E.C. Charges Heavy Electrical Equipment Cartel
The Commission said in a statement that it suspects that the firms fixed prices for gas-insulated switchgear and shared contracts, thereby restricting competition and violating European Commission treaty rules.
Gas-insulated switchgear is a type of heavy electricity equipment that is used to control energy flow in electricity grids. It uses sulfur hexafluoride gas to insulate its conductors and circuit breakers, and...
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