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Europe’s ethylene purchasing sector under inspection on concerns over cartel

by ChemOrbis Editorial Team -
  • 03/08/2017 (16:07)
In a statement on its official website, the European Commission confirmed unannounced inspections at the premises of European companies active in ethylene purchasing market conducted on May 16, 2017.

The Commission reported having concerns about whether the companies have violated EU antitrust rules that prohibit cartels and restrictive business practices, in the statement dated July 26. However, the Commission highlighted that the inspections are a preliminary step into suspected anticompetitive practices.

The Commission has not disclosed any company name being included in the investigation while US Celanese and Swiss Clariant reported that they are assisting the relevant authorities and cannot comment further on the details of an ongoing investigation.
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