Arcelor Mittal, Others Hit With €575M Fine For Cartel
Arcelor Mittal's French subsidiaries were ordered to shell out €301.8 million ($424 million) for allegedly taking part in a cartel, masked as a trade group, that raised prices by up to 10 percent and eliminated competition in France's steel market, the regulator said on Tuesday. Klockner Distribution Industrielle SA received the second-largest...
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