ChannelNewsAsia: Five oil companies back in court over Swedish price-fixing cartel
“competition authority… asked that the fines for Statoil, OK-Q8, Norsk Hydro, Preem and Shell be raised to a total of 369 million kronor (40.2 million euros, 49.3 million dollars)
Posted 24 August 04
STOCKHOLM : Five oil companies were back in court in Sweden over a 1999 price-fixing cartel, with the Swedish competition authority demanding in appeal that the quintet’s fine be increased seven-fold.
In the first day of hearings at the Swedish Market Court, the competition authority, Konkurrensverket, asked that the fines for Statoil, OK-Q8, Norsk Hydro, Preem and Shell be raised to a total of 369 million kronor (40.2 million euros, 49.3 million dollars).
The five companies were found guilty by a Stockholm district court in April of violating Swedish competition laws in 1999 when they reached a number of agreements to implement simultaneous price cuts and promotional deals.
They were fined a total of 52 million kronor, much lower than the 651 million kronor sought by the competition authority.
The court said that the competition authority had failed to prove that the quintet had struck a general, long-term price deal.
Konkurrensverket, which has argued that the cartel cost consumers some 500 million kronor at the pump, wants Statoil fined 125 million kronor, Shell 111 million kronor, Preem 45 million kronor, OK-Q8 51 million kronor and Norsk Hydro 37 million kronor.
The case is expected to be concluded in late November.
– AFP
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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