Cement makers fined over 217 million lei for cartel conduct in Romania
( January 10, 2025, 10:46 GMT | Official Statement) -- MLex Summary: Cement companies Holcim Romania, Romcim and Heidelberg Materials have been fined a total of over 217 million lei (over $45 million) for having coordinated pricing policies between at least 2017 and 2018. The companies exchanged sensitive commercial data such as future prices and discounts through certain clients. The practice reduced competition and led to higher cement prices compared to neighboring countries, antitrust chief Bogdan Chiritoiu said.Statement follows. ...
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