Price Fixing Cartel Case Study Essay

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Table of Contents Introduction 3 Analysis 4 Legislation 4 Article 101 4 Leniency Policy 5 Case Study 5 Cartel 5 Financial consequences 6 Conclusion 7 Reference list 8 Appendices 9 Newspaper Article 9 Legislation 10 Introduction This report studies the antitrust case regarding the price fixing cartel between the companies Asahi, Guardian, Pilkington and Saint-Gobain. The price fixing cartel between the four companies was in violation of article 101 of the Treaty on the Functioning of the European Union. They were duly fined according to their cooperation with the European Commission and their involvement within the cartel. Competition law makes sure that companies are properly competing with each other, putting pressure on each other to …show more content…

2. Any agreements or decisions prohibited pursuant to this Article shall be automatically void. 3. The provisions of paragraph 1 may, however, be declared inapplicable in the case of:
— any agreement or category of agreements between undertakings,
— any decision or category of decisions by associations of undertakings, — any concerted practice or category of concerted practices, which contributes to improving the production or distribution of goods or to promoting technical or economic progress, while allowing consumers a fair share of the resulting benefit, and which does not: (a) impose on the undertakings concerned restrictions which are not indispensable to the attainment of these

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