News

European Commission fines producers of industrial thread €43.497 million

14/09/2005

The European Commission has fined thread producers from Germany, Belgium, The Netherlands, France, Switzerland and the United Kingdom a total of €43.497 million for operating cartels in the market for industrial thread - used in a variety of industries to sew or embroider products such as clothes, leather goods, and footwear - in violation of EC Treaty rules on restrictive business practices.

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