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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Power Cable Cartel

The European General Court confirmed $350 million in antitrust fines Thursday against the main European and Asian producers of high-voltage power cables.

LUXEMBOURG - The General Court confirmed $350 million in antitrust fines Thursday against the main European and Asian producers of high-voltage power cables.

Defendants include Hitachi Metals and Goldman Sachs Group, the latter of which was once the parent company of the power cable company PrysmianCS.

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Categories / Appeals, Business, Consumers, International

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