The European Commission has issued statements of objections to several manufacturers of construction chemicals operating in France, Germany and Spain. According to the European Commission, the companies, alongside three national trade associations, are suspected of breaching EU antitrust rules by colluding to increase prices for products used in cement, concrete and mortar. The notifications represent the Commission’s preliminary view on the matter.
The ongoing investigation concerns the alleged coordination of pricing strategies within the sector. The Commission’s statement of objections is a formal step in antitrust proceedings, informing the involved parties of the concerns identified. The companies and associations now have the opportunity to respond to these findings as the regulatory process continues.
Source: European Commission. Read the original report ↗