EU punishes power-cable cartel

Nexans was fined 70.7 million euros, while GoldmanSachs shares a 37.3 million euro fine with Prysmian, which it previously owned.Prysmian also shares a 67.3 million euro fine with Pirelli.

ABB Asea Brown Boveri received full immunity fromfines under the Commission's 2006 Leniency Notice as it was the first to revealthe cartel to the Commission.