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Continental, tire firms raided by EU over suspected cartel

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Washington Post
Samuel Stolton & Stephanie BodoniThe Washington Post

Tire firms including Continental AG and Nokian Renkaat Oyj were raided by European Union antitrust watchdogs amid concerns they plotted to fix prices in a move that could pave the way for potentially hefty fines.

The European Commission in Brussels said in a statement on Tuesday that the companies, which it didn’t name, were suspected of being involved…

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