parliment flags

In a decision dated 18 October 2017, the French Competition Authority (FCA) imposed a record fine on the “resilient floor covering cartel” (one of the seven biggest fines in the history of the FCA), totalling 302 million EUR. The cartel, composed of the three main resilient floor covering groups, Tarkett, Forbo and Gerflor, together with the floor covering trade union (SFEC), were sanctioned for wide-ranging anti-competitive practices including price fixing, some of which lasted for more than 20 years. The –Read More–

The EU State aid rules are designed to stop Governments and local authorities giving companies a selective advantage, as doing so would create an unequal playing field. Say for example, a competitor in one country was given a 10% subsidy by the Government whilst the company’s closest competitor in another country was not given the same subsidy. It is likely the latter would not be able to compete effectively and could be driven out of business. These State aid rules –Read More–