RWE Penalized for Participation in European Paraffin-Wax Cartel

Summary

The European Commission found RWE AG and RWE Dea AG liable for participation in a cartel concerning paraffin waxes in the European Economic Area. The cartel involved price fixing and commercially coordinated conduct in the paraffin-wax market. RWE challenged the Commission decision. In 2014, the EU General Court partially reduced the infringement period attributed to RWE and set the resulting fine at €35,888,562, while dismissing the remainder of RWE's challenge. Source: EUR-Lex https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:62008TJ0543