European Commission Reduces Fines Issued to Saint-Gobain and Pilkington After Computing Errors Found
March 14, 2013

by Jenna Reed,

The European Commission has this week reduced the fines it had imposed in November 2008 on Saint-Gobain by USD $20.8 million and Pilkington by USD $16.9 million for alleged illegal market sharing and exchange of commercially sensitive information regarding deliveries of auto glass in the European Economic Area (EEA).

Back in 2008, the members of the commission had decided that between early 1998 and early 2003 these companies allegedly "discussed target prices, market sharing and customer allocation in a series of meetings and other illicit contacts."

Belgium-based Soliver also took part in some of these discussions, according to the statement issued at the time.

In a statement released this week, the commission members say: "The corrections became necessary because of two errors in computing the fines. In particular, some of the sales of these two companies should not have been included in the sales figure used as a basis to set their respective fines.

"Consequently, in the amendment decision, the commission has reduced the final amount of the fines imposed on Saint-Gobain by USD $20.8 million (from USD $1.16 billion to USD $1.14 billion) and on Pilkington by USD $16.9 million (from USD $481 million to $464 million).".

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