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German rail suppliers get $156M antitrust fines

By Washington Examiner
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BERLIN (AP) — Germany’s Federal Cartel Office has fined four companies including a subsidiary of steel giant ThyssenKrupp AG a total of €124.5 million ($156.37 million) for colluding over track orders.

The agency says it fined ThyssenKrupp GfT Gleistechnik GmbH €103 million for colluding with other firms to share orders for railway tracks from Deutsche Bahn. Germany’s state-owned railway operator.

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