Record EU fine for glass cartel

Europe's largest cartel fine of €1.38bn was imposed on the 12 November 2008 by the European Commission on four leading glass manufacturers, after they illegally fixed the price of glass used in the automotive industry for five years.

European Commission: Press Release, IP/08/1685: Antitrust: Commission fines car glass producers over €1.3 billion for market sharing cartel http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1685&format=PDF&aged=0&language=EN&guiLanguage=en

BBC News, 12.11.08: Glass makers hit with huge fine http://news.bbc.co.uk/1/hi/business/7724536.stm

France24, 12.11.08: Brussels hits car glass cartel with record fine http://www.france24.com/en/20081112-brussel-hits-car-glass-cartel-record-fine-european-union&navi=ECONOMIE

ESO: Background information: Antitrust: Commission fines flat glass producers €486.9 million for price fixing cartel http://www.europeansources.info/record/press-release-antitrust-commission-fines-flat-glass-producers-e486-9-million-for-price-fixing-cartel/

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