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Cemex SAB, Holcim, Lafarge, Heidelberg Cement, Dyckerhoff

EU raids cement companies in cartel probe



BRUSSELS, Belgium (AP) — EU antitrust regulators have raided cement companies it suspects formed an illegal cartel to hike prices for the building trade, the European Commission said Wednesday.

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Mexico-based Cemex SAB, one of the world's largest building materials companies, Holcim of Switzerland, France's Lafarge and Germany's HeidelbergCement and Dyckerhoff all confirmed that their European plants were among those that received surprise visits from inspectors on Tuesday and Wednesday. The EU executive said it had "reason to believe" that the companies it examined may have broken EU rules that outlaw price-fixing cartels and monopolies. But it stressed that it was still investigating and was not accusing the companies of illegal behavior. More...


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