Israel Electric a Victim of Global Cartel, Antitrust Chief Rules

European, Japanese firms that belonged to cartel sold industrial equipment at fixed prices; Israel Electric Corp. says it will use decision to take legal action against its suppliers.

Sep 17, 2013 7:37 PM

Israel Electric Corporation was a victim of an international cartel selling industrial equipment at fixed prices, Israel Antitrust Authority director David Gilo ruled on Tuesday.

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