Germany imposes USD302 million fines on five aluminum forging companies for anticompetitive agreements

Policy & Regulation

Federal Cartel Office’s investigations were triggered by a leniency application filed by the aluminium forging company Hirschvogel Aluminium GmbH

Germany has imposed a fine of EUR175 million (USD302 million) on five aluminum forging companies and their 10 employees for anticompetitive agreements, Germany’s Federal Cartel Office announced in a press release on 23 December.

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