On 11 November 2009, the Commission announced that it had fined companies participating in two illegal cartels breaching Article 81 EC (now Article 101 TFEU). The cartels related to price fixing, sharing customers, allocating markets and exchanging sensitive commercial information in the sector of plastic additives which are used as heat stabilisers. The Commission commenced investigations into the cartel activity in February 2003. 24 companies from 10 different corporate groups were fined a total of €173,864,000. This represents the sixth cartel decision which has been made by the Commission in 2009, and takes the total amount of fines imposed during 2009 up to €1,623,388,000.
IP/09/1695 – 11 November 2009