Belgium EU Tube Cartel

December 5, 2012 - 9:33 AM
European Commissioner for Competition Joaquin Almunia addresses the media, at the European Commission headquarters in Brussels, Wednesday, Dec. 5, 2012. The European Union has imposed a massive fine of almost euro1.5 billion ($2 billion) on seven international companies for fixing the market of television and computer monitor tubes for a decade ending in 2006. (AP Photo/Yves Logghe)