By Foo Yun Chee BRUSSELS (Reuters) - EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe s anti-trust chief warned on Friday, as she also sounded the alarm about competition in labour markets due to no-poach deals. The European Commission last week raided Europe s largest pulp producers Stora Enso and UPM, and Metsa Board unit Metsa Fibre, the first in two years as the COVID-19 pandemic halted such actions. Companies suspected of taking part in other cartels should soon see officials knocking on their doors, EU Competition Commissioner Margrethe Vestager said. And that s just the start of a series of raids that we re planning for the months to come – you ll understand if I don t say exactly when or where they re going to happen, she told a conference organised by the Italian anti-trust authority in Rome. Companies found guilty of taking part in cartels face fines as much as 10% of their global turnover. Whistleblowers are rewarded w
EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe's anti-trust chief warned on Friday, as she also sounded the alarm about competition in labour markets due to "no-poach" deals.
EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe s anti-trust chief warned on Friday, as she also sounded the alarm about competition in. | October 22, 2021