The Italian Competition Authority startes an Article 101 TFEU investigation into a price-fixing arrangement in the concrete market
By a decision made
on 18 November 2015 in the Case I793 the Italian Competition
Authority (ICA) has opened an Article 101 TFEU investigation against
four firms active in the market for the production and sale of
concrete. The ICA started the proceedings following the recepit of a
complaint. The complainant, a firm that produces and sells reinforced
concrete in the region of Piedmont, reported to have received in the
space of 5 days letters from three producers of concrete, Buzzi
Unicem, Cementir and Cementirossi, by which they announced their
intention to rise the price of concrete by the same amount. A similar
communication was made by a fourth producer, Holcim, orally.
Considering the
above reported conducts, the ICA feared that the four concrete
manufacturers may have entered into an anticompetitive horizontal
agreement to fix the prices of concrete in a substantial part of the
national market. This part was identified in the North-western
regions of Italy where the plants of the alleged cartelists were
located. The ICA has to close the investigation by the deadline of 31
December 2016.
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