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FACTBOX-EU fines heat stabilisers cartel 173 mln euros

 Nov 11 (Reuters) - The European Commission fined 24
companies a total 173 million euros ($260 million) on Wednesday
for taking part in a heat stabilisers cartel.[ID:nLB168161].
 Swiss group Ciba BASF.DE, was told to pay a total of 68.4
million euros for its part in two cartels overseeing the pricing
of two forms of heat stabiliser, chemicals involved in making
PVC and packaging products more rigid.
 Dutch group Akzo AKZO.AS was fined a total of 40.6 million
euros, the Commission said in a statement. France's Elf
Aquitaine TOTF.PA was fined 28.6 million.
 Italian, British, Dutch and Australian firms were also
fined. A U.S. company, Chemtura, had its fine cancelled for
raising the cartel issue with the Commission.
 The EU competition watchdog has issued fines of over 9
billion euros since 2004 for infringement of European cartel
laws. The following is a list of the highest fines the
Commission has imposed on companies and by sector.
  TEN HIGHEST CARTEL FINES BY COMPANY (SINCE 1969)*
Year  Company            Case              Amount in euros
2008  Saint Gobain       Car glass         896,000,000
2009  E.ON               Gas               553,000,000
2009  GDF Suez           Gas               553,000,000
2007  ThyssenKrupp       Elevators         479,669,850
2001  Hoffmann-La Roche  Vitamins          462,000,000
2007  Siemens AG         Gas switchgear    396,562,500
2008  Pilkington         Car glass         370,000,000
2008  Sasol Ltd          Candle waxes      318,200,000
2006  Eni SpA            Synthetic rubber  272,250,000
2002  Lafarge SA         Plasterboard      249,600,000
 
   TEN HIGHEST CARTEL FINES BY SECTOR (SINCE 1969)
Year  Case name                     Amount in euros
2008  Car glass                     1,383,896,000
2009  Gas                           1,106,000,000
2007  Elevators and escalators        992,312,200
2001  Vitamins                        790,515,000
2007  Gas insulated switchgear        750,712,500
2008  Paraffin waxes                  676,011,400
2006  Synthetic rubber (BR/ESBR)      519,050,000
2007  Flat glass                      486,900,000
2002  Plasterboard                    458,520,000
2006  Hydrogen peroxide               388,128,000
  
  *As of July 2009 according to EU figures
 (Compiled by Bate Felix; Editing by )
 ($1=.6802 euro)

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