BRUSSELS, July 20 (Reuters) - EU antitrust regulators on
Monday charged a group of construction chemicals companies and
trade associations with taking part in a cartel between 2021 and
2022, putting them at risk of hefty fines.
The European Commission issued the charges via a 'statement
of objections' following dawn raids against unnamed companies in
several EU countries in 2023.
The Commission, which acts as the EU competition enforcer,
said the companies and associations colluded between 2021 and
2022 to increase prices in the supply of chemicals for cement,
concrete and mortar, impacting construction costs.
Charges were sent to Cemex, Chryso, Mapei, Master Builders
Solutions, MC Bauchemie, Sika, TAM, and the trade association
SYNAD for alleged wrongdoing in France.
The alleged anti-competitive practices in Germany concerned
Cemex, Ha-be, Mapei, Master Builders Solutions, MC Bauchemie,
Liesen, Remei, Sika and the trade association Deutsche
Bauchemie.
The cartel charges regarding the Spanish market concerned
Chryso, Mapei, Master Builders Solutions, MC Bauchemie, Sika and
the trade association ANFAH.
The companies and trade associations risk fines of up to 10%
of their global annual turnover if found guilty of breach EU
cartel rules.