ABB exec took part in BritNed contract talks while knowing about cartel, UK court hears
By Simon Zekaria ( March 7, 2018, 16:46 GMT | Insight) -- A former ABB executive who knew the Swiss engineering company was part of a global power-cable cartel was involved in arranging a contract with BritNed, the Anglo-Dutch power-grid venture told a UK court today, rejecting ABB's claim that he didn’t influence the price of the deal. The claim came on the final day of a multi-week antitrust trial at the High Court in which BritNed is suing ABB for damages over allegedly having to overpay for cartelized high-voltage cables.A former ABB executive who knew the Swiss engineering company was part of a global power-cable cartel was involved in arranging a contract with power-grid venture BritNed, a UK court heard today....
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