The European Union Commission has fined Tomra Systems ASA, a Norwegian-based container recycling firm, $29 million for violating antitrust rules. In addition to the fine, Tomra is required to halt all agreements involving exclusivity commitments. The company notes that these steps have already been incorporated.
According to reports, the size of the fine was equal to 7 percent of Tomra’s global revenue.
The Commission concluded that between 1998-2002 Tomra foreclosed competition on the market for reverse vending machines in Austria, Germany, the Netherlands, Norway and Sweden by implementing an exclusionary strategy.
Tomra’s board of directors has not yet determined on whether to appeal the decision. The company has two months to decide on a response to the Commission decision.Latest from Recycling Today
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