Outokumpu – Court of appeal ruling in a damage case relating to alleged copper cartel activities in USA
STOCK EXCHANGE RELEASE6 March 2012 at 2.00 pm EETIn connection with the industrial copper tubes EU-cartel investigation, completed in May 2009, Outokumpu has since 2006 been in the process of addressing civil complaint in the United States, which was filed by Carrier Corporation against Outokumpu in the United States District Court for the Western District of Tennessee. The complaint alleges a worldwide price fixing and market allocation cartel with respect to copper tubing for air conditioning and heat exchangers and related applications (ACR Tube) for at least the period from 1989 to