E.U. Fines Sasol €318.2 Million Over ‘Paraffin Mafia’ (Resource Investor)

2 October 2008, 5:29 am

The European Commission yesterday slapped a €318.2 million (R3.7 billion) fine on Sasol for its role as a leader of a price-fixing “paraffin mafia” cartel that operated in the European paraffin wax market for 13 years.... read more

More Topics from "Info"

• Paraffin wax cartel fined a total of €676m (Plastics and Rubber Weekly)
• When things get tough, the smart plan getaways (Boston Globe)
• EC slaps R3,7bn fine on Sasol (The Herald)
• Companies fined £535m for fixing price of paraffin wax (Daily Record)
• Risanamento May Get EU80 Million Loan From Intesa, MF Reports (Bloomberg)