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European court dismisses Solvay's appeal against hydrogen peroxide cartel fine

10:00 AM MST | December 5, 2013 | Francinia Protti-Alvarez

The European Court of Justice (Luxembourg) has dismissed the appeals of Solvay, Caffaro (Torviscosa, Italy), and SNIA (Milan), and upheld a 2006 European Commission decision to fine the companies for their involvement in a hydrogen peroxide (H2O2) price-fixing cartel between 1994 and 2000, the court announced today. The fines, as a result, have become definitive for those companies. Other companies fined under the original commission decision included the former Edison and its then subsidiary Ausimont, which Solvay bought from Edison in 2002 to create Solvay...

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