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Otto Fuchs scores big cartel fine reduction at German court (update*)

By Karoline Del Vecchio ( March 5, 2025, 14:41 GMT | Insight) -- Aluminum forging company Otto Fuchs Beteiligungen today saw the Higher Regional Düsseldorf court reduce to 30 million euros a fine of more than 145 million euros imposed by the Federal Cartel Office on the company for passing on costs. Today’s verdict follows the Leiber Group’s earlier fine reduction victory.Aluminum forging company Otto Fuchs Beteiligungen today saw the Higher Regional Düsseldorf court reduce to 30 million euros ($32 million) a fine of more than 145 million euros imposed by the Federal Cartel Office on the company for passing on costs. Today’s verdict follows the Leiber Group’s earlier fine reduction victory....

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