TheMarker: Antitrust: Cartel cost IEC billions
Published on Oct 03 2011 // Business and Financial News
The Antitrust Authority conducted an investigation into the electrical infrastructure cartel and sent out warning letters on September 27 to companies suspected of participating in the cartel, said sources close to the authority. Siemens, Alstom, Hitachi, Toshiba, Mitsubishi and Schneider Electric were among the companies cautioned by the Antitrust Authority. The authority’s letters referred to the period from April 1988 to May 2004.(Haaretz)
