July 26, 2017 / 12:27 PM / 3 years ago

European Commission raids ethylene purchasing companies

BRUSSELS, July 26 (Reuters) - The European Commission said on Wednesday it had carried out competition raids at ethylene purchasing companies in several EU countries over concerns those companies had formed a cartel.

“The fact that the Commission carries out such inspections does not mean that the companies are guilty of anti-competitive behaviour,” the Commission said, without naming the companies it had raided. (Reporting by Robert-Jan Bartunek; editing by Philip Blenkinsop)

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