DAILY NEWS Oct 15, 2012 3:13 PM - 0 comments

EU recycling plants raided over suspected links to cartels

TEXT SIZE bigger text smaller text
By: SWR Staff
October 15, 2012 2012-10-15

The European Commission has conducted raids on a number of unnamed lead recycling companies in several European Union countries as part of an investigation into "suspected cartel practices”.

According to Reuters, the September 26, 2012 raids involved companies the European Commission said had been buying old batteries and scrap lead for recycling.

The companies’ countries were also unnamed.

"The Commission has reasons to believe that the companies concerned may have violated Article 101 of the Treaty on the Functioning of the European Union (TFEU), which prohibits cartels and restrictive business practices," the European Commission announced.

The European Commission’s executive arm said the unannounced inspections were a preliminary step in its investigation and did not mean the companies were guilty of anti-competitive behavior.



Horizontal ruler
Horizontal Ruler

Post A Comment

Disclaimer
Note: By submitting your comments you acknowledge that Solid Waste & Recycling has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

Your Name (this will appear with your post) *

Email Address (will not be published) *

Comments *



* mandatory fields