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Hitachi tries to undermine EU, Japan pact in appeal of switchgear cartel fine

By Lewis Crofts ( December 8, 2009, 15:01 GMT | Insight) -- Hitachi has sought to undermine the European Commission’s evidence for a ‘common understanding’ at the heart of an international switchgear cartel, whereby European and Japanese manufacturers agreed not to encroach on each other’s markets. Hitachi told the General Court in Luxembourg today that the regulator’s proof was frail and inconsistent, while the commission argued that Japanese firms could have competed in Europe but were rewarded for steering clear.Hitachi has sought to undermine the European Commission’s evidence for a ‘common understanding’ at the heart of an international switchgear cartel, whereby European and Japanese manufacturers agreed not to encroach on each other’s markets. Hitachi said the proof was frail and inconsistent, while the commission argued that Japanese firms could have competed in Europe but were rewarded for steering clear....

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