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Repsol, three others face EC fines for Spanish bitumen cartel

By Robert McLeod ( October 2, 2007, 10:44 GMT | Insight) -- The European Commission is set to fine Repsol, Petrogal-Galp and two other companies for illegally carving up markets and fixing the price of bitumen in Spain, the second major decision in the industry by Brussels-based regulators. BP is likely to escape a financial sanction.The European Commission is set to fine Repsol, Petrogal-Galp and two other companies for illegally carving up markets and fixing the price of bitumen in Spain. It represents the second major decision in the industry by Brussels-based regulators....

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