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Italian steel-bar cartel members go to EU court over unpaid interest on fines

By Lewis Crofts ( July 21, 2021, 15:38 GMT | Insight) -- Four Italian companies involved in a steel-bar cartel in the 1990s have taken action at the EU courts to get back interest from the European Commission owed due to annulled antitrust fines. The lawsuits are the latest in a growing list of litigation related to a Court of Justice judgment that said the commission must pay interest when fines are annulled and the money is returned to a suspected cartel member.Four Italian companies involved in a steel-bar cartel in the 1990s have taken action at the EU courts to get back interest from the European Commission owed due to annulled antitrust fines....

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