Key highlights
- The European Commission's decision in case AT.40410 condemned several ethylene buyers.
- The cartel affected MOL Group's ethylene and polyethylene sales prices.
- MOL Group suffered considerable financial damage.
- MOL Group initiated civil proceedings to recover damages.
Background
The European Commission's decision in the ethylene cartel case (AT.40410) condemned several ethylene buyers for engaging in anti-competitive behavior.
Impact on MOL Group
The cartel's activities significantly affected MOL Group's ethylene and polyethylene sales prices, leading to considerable financial damage for the company.
Legal Action
In response to the financial impact, MOL Group has initiated civil proceedings against several companies involved in the cartel to recover the damages incurred.
