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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Plastic Bag Cartel

LUXEMBOURG - The European Commission failed to prove that Stempher participated in a cartel on plastic industrial bags, the EU General Court ruled Wednesday, annulling a $3.2 million fine. It also shaved $4 million off the amount Low & Bonar and its subsidiary must pay, setting the new fine at $12.4 million.

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