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Cleary Antitrust Watch

The Council of State Confirms the Annulment of an ICA Decision on an Alleged Cartels in the Reinforcing Steel Bars Sector

By Cleary Gottlieb
January 21, 2020

On January 21, 2020, the Council of State confirmed the annulment of a 2017 ICA decision sanctioning a cartel between manufacturers of reinforcing steel bars (rebars) and welded wire mesh.[1] In particular, the ICA fined eight companies (namely, Feralpi…

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