Quarto plate cartel: Gleiss Lutz advises voestalpine AG in Federal Cartel Office proceedings

The Federal Cartel Office imposed fines totalling around EUR 646 million in proceedings against four steel manufacturers and three responsible persons. The proceedings were focused on arrangements concerning specific additional charges as well as alloy and scrap surcharges for certain kinds of quarto plates in Germany.

voestalpine AG cooperated with the competition authority throughout the entire proceedings and in this way made a major contribution to the clarification of the facts. Gleiss Lutz’s assistance helped bring about a successful conclusion of the proceedings for the company.

voestalpine was represented by Dr. Ulrich Denzel (lead, partner), Dr. Jennifer Hattaß and Andrea Preuße (all competition/antitrust, Stuttgart).