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Cable cartel punished in Slovakia's highest ever fine

( March 11, 2026, 07:46 GMT | Official Statement) -- MLex Summary: Cable manufacturers and suppliers including NKT and Prysmian must pay fines of nearly €100 million for participating in a cartel, according to the Slovak competition authority. Imposing its highest total fine in a single case, the regulator said the companies coordinated their behavior in calculating metal surcharges for copper and aluminum cables, restricting price competition and potentially increasing prices for customers in sectors such as construction, energy, automotive, and telecommunications.The statement follows:...

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