BRUSSELS, March 7 EU antitrust regulators raided
a number of kraft paper and industrial paper sack makers
including South Africa's Mondi on Tuesday on
suspicion that the companies may have been involved in a cartel.
The European Commission did not name the companies.
Mondi said the EU competition enforcer raided its Vienna
office and that it was cooperating with the investigation.
Swedish company BillerudKorsnas AB said it was
also targeted in the investigation.
The Commission said this was the second time it conducted
such action following raids a year ago. It was not clear if the
same companies were involved.
Firms found guilty of price fixing face fines up to 10
percent of their global turnover.
(Reporting by Foo Yun Chee; editing by Robert-Jan Bartunek.
Editing by Jane Merriman)