In January 2022, the Bundeskartellamt conducted unannounced dawn raids at the German premises of cable manufacturers and other companies active in the market of cable manufacturing. According to the statements published by the companies, these inspections concern the undertakings Nexans, Leoni, and Prysmian. The undertakings declared their willingness to cooperate with the Bundeskartellamt.
The investigation concerns the suspicion of the illegal coordination between cable manufacturers and related companies relating to the calculation of industry-standard metal surcharges in Germany.
Germany is one of the most crucial cable manufacturing markets in Europe. And the companies targeted by dawn raids are among the most important players in German and European markets.
Companies purchasing cables from the undertakings concerned by the investigation might see themselves harmed by the alleged collusion between manufacturers. The CDC reminds that claiming the damages caused by the breach of competition rules is the victim’s right protected at the national and EU levels.
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