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Novamont, Eni fined for exclusionary conduct in Italy

( June 24, 2025, 07:24 GMT | Official Statement) -- MLex Summary: Italian bioplastics company Novamont and its parent Eni have been fined more than 32 million euros for abusing their dominant position in the markets for raw materials used in the manufacture of shopping and ultra-lightweight bags for at least five years. Novamont created a ''two-tier system'' for supply agreements, hindering the development of fair competition in the markets for the production and sale of bio-compounds for such bags, the Italian antirust authority said today. Statement follows. ...

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