Akzo Nobel N.V.
Approved Evidence
Added to Rotten Company: 8/21/2026
Conduct/Event period: April 2004–January 2007
Ongoing: No
Resolution status: Resolved
Resolution date: July 22, 2009
Akzo Nobel Participated in EU Calcium-Carbide Cartel but Received Immunity for Revealing It
Summary
The European Commission found that Akzo Nobel participated in an EEA-wide cartel involving calcium carbide and magnesium-based reagents between April 2004 and January 2007. Participants fixed prices, shared markets and allocated customers. Akzo Nobel was not fined because it revealed the cartel to the Commission and qualified for immunity under the EU leniency program. Immunity from the fine did not mean the company had not participated in the infringement. Source: European Commission https://ec.europa.eu/commission/presscorner/api/files/document/print/en/ip_09_1169/
Evidence Weight
100.00
Severity: high
Recency Weight: 99.9997408431697
File Weight: 1