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German cartel office fines Thyssen, others in rail case
July 23, 2013 / 9:18 AM / 4 years ago

German cartel office fines Thyssen, others in rail case

DUESSELDORF, July 23 (Reuters) - Germany’s federal cartel office is imposing an additional 98 million euros in fines against eight companies, including 88 million for ThyssenKrupp , in a case involving price fixing for train track rails, it said on Tuesday.

In July last year, the office fined four companies - ThyssenKrupp, two units of Voestalpine and Germany’s Vossloh - a combined 124.5 million euros for fixing the price of rail tracks and said it was investigating others. (Reporting by Anneli Palmen; Writing by Jonathan Gould; Editing by Victoria Bryan)

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