CRH subsidiary challenges competition authority searches
Irish Cement, a subsidiary of CRH, has brought a legal challenge to the seizure of certain emails of a senior CRH executive during a search as part of an investigation into alle...
Anti-Trust
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Italy: price fixing probe opened
Italy's antitrust authority has opened a probe into four cement makers for alleged price fixing, it said in a statement on Thursday. The companies under investigation include Bu...
China’s watchdog fines three producers for price fixing
China’s price regulator has fined three domestic cement makers CNY114m (US$18.58m) for price fixing, the National Development and Reform Commission (NDRC) said in a statement on...
Brazil’s CADE fines six cement companies US$1.4bn for price-fixing
Brazil’s antimonopoly authority CAD has fined six cement companies a total fine of BRL3.1bn (US$1.4bn) for fixing market prices.
Indian producers move forward with cartel appeal
Eleven Indian cement producers fined by the Competition Commission of India (CCI) for cartel practices, yesterday approached the Competition Appellate Tribunal (COMPAT) to chall...
Indian cement prices ease
Indian cement prices have started to ease over the past two weeks, declining by an average of two per cent, according to reports in the Business Standard of India. Markets had b...