Spain: Spanish competition regulator CNMC has included Lafarge and Holcim in the proceedings for alleged cartel agreements brought up against a number of sector players at the end of 2014. Additionally, the CNMC has extended the proceedings to Materiales y Hormigones and Hormibusa. The move was based on information gathered during several inspections carried out in September 2014 for alleged exchange of information, price fixing and market division practices in the cement and concrete sector. The CNMC will complete the investigation and produce a resolution within 18 months.
Holcim and Lafarge in investigation for alleged cartel agreements in Spain
Written by Global Cement staff
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