Thu, Nov. 30, 2006
FLORIDA BUSINESS BRIEFS
From Miami Herald Staff and Wire Services
The European Commission fined five oil refiners and chemical producers about $682 million, saying they fixed the price of synthetic rubber used to make tires. A sixth company that had alerted authorities escaped a fine.
It was the second-largest fine ever in an EU cartel case. Italy’s Eni was ordered to pay the largest fine — $357.6 million — while Royal Dutch Shell was fined $211 million. Their fines were hiked by half for it being a repeat offense.
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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