Salzgitter Subsidiary Penalized in European Seamless Steel Tubes Cartel
Company: Salzgitter AG
Summary
European competition authorities found that Mannesmannröhren-Werke, later Salzgitter Mannesmann GmbH, participated in a market-sharing cartel involving seamless steel tubes. The European Commission's 1999 decision addressed eight producers and found agreements restricting competition in the seamless steel-tube market. The company challenged the decision, but in January 2007 the EU Court of Justice dismissed its appeal and confirmed the Commission's cartel finding. Source: EUR-Lex / Court of Justice https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:62004CJ0411