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EC Statement: CORRECTED1 Antitrust - Commission fines members of fasteners cartels over €303 million

( March 31, 2011, 14:12 GMT | Official Statement) -- MLex Summary: The European Commission has cut a fine levied on William Prym by more than half, for its involvement in a haberdashery cartel, after the fasteners maker pleaded that it was unable to pay the penalty. The action cuts Prym’s fine by 25 million euros, to 15.5 million euros, from the initial penalty levied four years ago of 40.5 million euros. Read the full statement below:...

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