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Luxembourg's EU Court of Justice upholds fine against Italy's ENI
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Luxembourg's EU Court of Justice upholds fine against Italy's ENI

09.05.2013 From our online archive
The European Court of Justice in Kirchberg on Wednesday upheld a 181.5-million-euro fine decided against Italy's ENI in 2006 concerning a cartel on the synthetic rubbers markets.

(AFP) The European Court of Justice  in Kirchberg on Wednesday upheld a 181.5-million-euro fine decided against Italy's ENI in 2006 concerning a cartel on the synthetic rubbers markets.

The Luxembourg-based court rejected ENI's appeals against European Commission fines for participating between 1996 and 2002 in a cartel on synthetic rubbers used to manufacture tyres and goods such as floor coverings and golf balls.

A total 13 firms had been fined, including Anglo-Dutch giant Shell and US group Dow Chemical.