
Italy's Iniquitous Iron: Cartel Culpability & Colossal Costs
Italian regulators imposed €70 million in fines against cast-iron manufacturers for operating a multi-year cartel involving price-fixing, market allocation, & bid-rigging. The Italian Competition Authority's investigation uncovered sophisticated coordination mechanisms among major producers, violating European Union antitrust regulations. The collusion inflicted substantial harm on construction companies, infrastructure operators, & manufacturing enterprises through inflated material costs. The enforcement action signals regulatory commitment to preserving competitive markets whilst deterring anti-competitive conduct across industrial sectors. Penalized companies face mandatory compliance programs & potential follow-on civil litigation from harmed purchasers.