Holcim, CBR, CCB and Febelcem, the Belgian cement association, have seen the competition watchdog’s judgment to pay a EUR14.7m fine overturned by the Belgian Court of Appeal.
The competition authority fined the cement majors and the association for the alleged formation of a cartel to reduce competition in the domestic market, but the Court of Appeal found that such illegal practices did not occur.
US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...