BUNDESKARTELLAMT IMPOSES FINE ON TWO MANUFACTURERS OF MANHOLE COVERS AND GULLY TOPS
The Bundeskartellamt has imposed fines totalling around 6 million Euros on two manufacturers, MeierGuss Sales & Logistics GmbH & Co. KG, of manhole covers and gully tops and their representatives for agreements on prices and rebates and an agreement to carve up two major contracts between themselves.
According to the investigations carried out by the Bundeskartellamt, an agreement between the representatives of the two parties containing the special rebate for specific standard products and the net prices for specific concrete/iron manhole covers applicable to major customers had existed at least from 16 May 2018 until the dawn raid that was conducted on 14 November 2018. Based on this agreement, the conditions were readjusted several times during the period mentioned above.
The Bundeskartellamt states that the two leading German manufacturers of manhole covers and gully tops engaged in illegal price-fixing agreements to the detriment of their customers. In this context, the Bundeskartellamt has imposed fines totalling around 6 million Euros on two manufacturers herein.
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