Cementos Portland fined Euro1.28m

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Spain: Spanish competition authority CNC has fined Cementos Portland Valderrivas Euro1.28m for submitting incomplete information. In May 2012 the CNC launched a probe into Cementos Portland over allegedly incorrect information about revenues, volume of products and corporate structure. Cementos Portland was obliged in January 2012 to pay a Euro5.72m fine for participating in a cartel fixing the prices of concrete.

Last modified on 06 June 2012

URL: https://globalcement.com/news/item/976-cementos-portland-fined-euro128m

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