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Alstom must pay EUR14.1 million in Dutch cartel damage claim

By Lewis Crofts and Christiaan Nelisse ( June 10, 2015, 13:18 GMT | Insight) -- A Dutch court has ordered Alstom to pay 14.1 million euros in damages to network operator TenneT Holding, for the French engineering company’s role in a cartel among makers of heavy-duty electrical equipment. A tribunal in Arnhem, the Netherlands, dismissed any concerns that Alstom was overcompensating TenneT because customers further down the line were unlikely to file their own lawsuits.A Dutch court has ordered Alstom to pay 14.1 million euros ($16 million) in damages to network operator TenneT Holding, for the French engineering company’s role in a cartel among makers of heavy-duty electrical equipment....

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