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In particular, the companies Arthur Weber, Debrunner Acifer Bewehrungen and Spaeter are said to have linked construction steel sales to the order of intermediate lattice cages. If their customers had purchased their spacer cages from other companies, they would have charged higher prices for the reinforcing steel.
According to the announcement, Comco has conducted house searches and now wants to investigate whether the three companies violated antitrust law by coordinating this merger. It will also be examined whether they have a joint dominant position and whether they have committed ill-treatment within the meaning of the Cartel Law. According to the information obtained, the investigation is expected to last approximately two years.
Construction steel, also known as rebar, is used in concrete construction in the form of rods and mesh. Intermediate cages are used to ensure the distance between reinforcement placed in concrete. (SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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