Appeal for Leniency Pays Off for British Polythene Industries

Summary

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BRITISH Polythene Industries, Europe's biggest maker of plastic bags, was yesterday let off the hook for its part in a Europe-wide price-fixing cartel - although the European Commission levelled euros-290.7m (GBP179.5m) worth of fines against 16 other companies.

The EC said that although Greenock-based BPI "had been involved in infringing activity", it reduced its fine by "100-per cent to nil" because of the company's successful application for leniency.

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Extract

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Appeal for Leniency Pays Off for British Polythene Industries

BPI was first raided in 2001 by EC officials investigating alleged breaches o...

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