Rotten Company

Outokumpu copper plumbing tubes cartel

Company: Outokumpu Oyj

Summary

The European Commission found Outokumpu Oyj and its copper-products subsidiary liable for participation in the European copper plumbing tubes cartel. The arrangements involved price fixing, market sharing and coordination of commercial conduct. The Commission imposed a EUR 36.14 million fine jointly and severally on Outokumpu Oyj and Outokumpu Copper Products Oy. The EU courts subsequently reviewed the case. Sources: https://ec.europa.eu/competition/antitrust/cases/dec_docs/38069/38069_121_4.pdf and https://infocuria.curia.europa.eu/tabs/redirect/juris/liste.jsf?language=en&num=T-20%2F05