After nine years, the decision of the Polish Office for Competition and Consumer Protection (UOKiK) to fine six manufacturers for alleged collusion has been supported by a court of appeal. The total fine, PLN411m (US$121.33m), has been reduced to PLN280m following the appeal, according to PNB.
Amongst the fined companies are Grupo Ozarow (PLN92.5m), Cemex Polska (PLN69.4m), Gorazdze Cement (PLN51.3m), Dyckerhoff Polska (PLN31.4m), Cementownia Warta (PLN23.2m) and Cementownia Odra (PLN12m).
However, some manufacturers had their fines reduced by the appeal. Dyckerhoff Polska’s fine decreased by 53 per cent to PLN31.4m, while Cemex Polska had its fine fall by PLN24.6m.
A few of the companies may consider a further appeal to the Supreme Court, according to reports.
Sign up for our Daily News Service
Our editors' pick the top news delivered to your inbox each day.
Sign up for the daily email