EXTRACT: Shell and KWS had their fine increased as they began and led the cartel, the commission said. Shell was fined an additional 50 pct for as it as a repeat offender, having previously been in PVC and polypropylene cartels.
THE ARTICLE
Headline: AFX News: EU fines Shell, Total, 12 others 267 mln eur in bitume pricing cartel
BRUSSELS (AFX) – The European Commission said it has fined 14 companies involved in the supply and purchase of road bitumen in the Netherlands 267 mln eur for participating in a price-fixing cartel from 1994-2002.
This is the second-highest fine ever imposed by the EU for a cartel.
‘It is very high compared to size of the market,’ said Jonathan Todd, spokesperson for EU competition commissioner Neelie Kroes, adding that the size of the companies involved and the repeat offender status of Shell justified the high levels.
He added that there were ongoing investigations into similar cartels in Belgium and in Spain.
The pricing cartel violated article 81 of the EC Treaty competition ban on restrictive business practices.
The 14 companies have been fined a total of 266.7 mln eur. Bitumen suppliers BP plc, Esha, Kloeckner Bitumen, Kuwait Petroleum, Nynäs, Shell BV, Total SA and Wintershall, were all fined, as were construction companies Ballast Nedam NV, Dura Vermeer, Heijmans NV, Hollandsche Beton Groep (now part of Koninklijke BAM Groep), Koninklijke BAM Groep NV and Koninklijke Volker Wessels Stevin.
Shell and KWS had their fine increased as they began and led the cartel, the commission said.
Shell was fined an additional 50 pct for as it as a repeat offender, having previously been in PVC and polypropylene cartels. KWS was fined an extra 10 pct for refusing to give investigators access to their premises.
BP, however, was granted full immunity from what should have been a 30.78 mln fine, for cooperating. Kuwait Petroleum had a 30 pct reduction.
The commission said that between at least 1994 to 2002, the cartel fixed the gross price of all road pavement bitumen sold in the Netherlands, and agreed uniform minimum rebates for the construction companies that were cartel members, and a smaller maximum rebate for all other road builders. [email protected] fr/joy/fr/jlw
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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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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
