German authorities are investigating whether an unspecified number of cement producers fixed prices for the installation on construction sites of silos used to store cement prior to mixing, Irene Sewczyk, a spokeswoman for the cartel office said. She said offices were searched at the end of May, declining to identify the companies concerned. Spokespeople for Dyckerhoff AG, Germany’s second-biggest cement maker weren’t immediately available to comment.
The raids aren’t related to a prior investigation into six cement makers by the country’s Federal Cartel Office in 2003, which resulted in a damages lawsuit that’s still going through the German courts.