Pilkington Fined Pounds 100m for Fixing Flat Glass Prices ; in Association with Business Mersey Firm in Cartel with Other Makers

Summary

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MERSEYSIDE industrial giant Pilkington has been fined pounds 100m for fixing glass prices.

The St Helens company was one of four firms hit with a total of pounds 347m in fines from the European Commission for holding secret meetings to arrange "artificially-inflated" prices for flat glass used in double glazing and safety glass.

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Extract

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Pilkington Fined Pounds 100m for Fixing Flat Glass Prices ; in Association with Business Mersey Firm in Cartel with Other Makers

The commission has fined Pilkington, along with American company Guardian, French firm Saint-Gobain and Japanese business Asahi, for their "price fixi...

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