Foam producers fined €114m as EU Competition Commission reaches cartel settlement
By Jaime Jones On 29 January 2014, the European Commission announced that it had fined four producers of flexible polyurethane foam products a total of €114m (£94m) for their participation in a cartel. The commission found that Vita, Carpenter, Recticel and Eurofoam operated the cartel for the purposes of co-ordinating the sale prices of polyurethane […]