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News Italian competition authority extends investigation on alleged cement price cartel

Italian competition authority extends investigation on alleged cement price cartel

Written by Global Cement staff 18 August 2016
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Italy: The Italian Competition Authority (AGCM) has decided to extend its investigation of the Italian Cement Association (AITEC) and cement producers including Italcementi, Colacem and Sacci. The AGCM has been looking into alleged coordinated increased in cement prices over the past six months. The regulator has now extended its inquiries until May 2017 due to ‘suspicious’ behaviour. The inspections have revealed that simultaneous price rises and similar sales prices communicated to customers in advance has been in practice by the companies being investigated and other players in the sector.

Last modified on 22 August 2016
Published in Global Cement News
Tagged under
  • Italy
  • Autorità Garante della Concorrenza e del Mercato
  • Associazione Italiana Tecnico Economica del Cemento
  • Competition
  • Italcementi
  • Colacem
  • SACCI
  • GCW265

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