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Glass markers hit with huge fine
four car glass markers have been hit with the european commission's largest cartel fine after being found guilty of cheating car buyers .
financial impact a statement from ilkington, said that the incompany had already made provisions of Â250m four its fine .
similarly, asahi glass said that it would decide what action to take once it had received the full text of the commission's decision .
this falls some way short of the actual 377m euroes (Â310m) fine .
it said the fine represented about 95% of the annual sales of saint-gobain's original equipment manufacturer em) automotive glass becausiness in europe, and several decades' net income .
the fincommission found that they held regular discussions between 1998 and 2003 to allocate glass supplies to car manufacturers and keep their individual market shares as stable as possible .
Generated 2008-11-14_17:16
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