Cement News tagged under: Cemex Hungaria
Hungarian concrete firms fined EUR9m09 July 2014, Published under Cement NewsEight ready-mixed concrete companies and the Hungarian Concrete Association were fined a total HUF2.79bn (EUR9m) for setting prices and colluding on market share by the country’s competition office, the Gazdasági Versenyhivatal (GVH). The GVH said the cartel activity took place between 2005 and 2007 and cited the fact that meetings were held in high secrecy as an aggravating factor. The following fines, which include some cement producers with downstream ready-mix businesses, were imposed... |
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