Case summary from 03 August: Steel manufacturers fined approx. 646 million euros for agreeing on prices of quarto plates ( Decision of 11 December 2019)
03.08.2020
On account of anti-competitive agreements concluded in the period from mid-2002 to June 2016, the Bundeskartellamt has imposed fines totalling around 646 million euros on Ilsenburger Grobblech GmbH, thyssenkrupp Steel Europe AG and voestalpine Grobblech GmbH as well as three individuals responsible for exchanging information on and agreeing certain price supplements and surcharges for quarto plates in Germany. Aktien-Gesellschaft der Dillinger Hüttenwerke was the first company to cooperate with the Bundeskartellamt and thus exempt from a fine in line with the Bundeskartellamt’s leniency programme.