(MULTI) – IATE term of the week: price-fixing | TermCoord


The record fines imposed by the European Commission inspired us in picking this week’s IATE term. The European Union’s antitrust chief imposed a 2.9 billion euro, or $3.2 billion, fine on a group of truck makers for price-fixing and imposing a system aimed at delaying the installation of pollution-curbing exhaust pipes and engines.

It is a record fine, but it is not the only one. Fines in the European Union for organizing cartels have risen in recent years. From 1990 to 1994, the Commission imposed fines on cartels totalling €540 million, while …

via: Terminology Coordination Unit [DGTRAD] – European Parliament


Leave a comment

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.