Michelin Challenges EU's Hunt for Evidence of Tire Cartel [BNN Bloomberg (Canada)]
The Goodyear Tire & Rubber Company (GT)
Last the goodyear tire & rubber company earnings: 4/30 07:15 am
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Source: BNN Bloomberg
The French firm was targeted by so-called surprise inspections in January — alongside rivals including Bridgestone Corp, Continental AG, and Goodyear Tire & Rubber Co. as part of one of the biggest EU probes in years. Cie. Generale des Etablissements Michelin has now filed an appeal to the EU's General Court in Luxembourg over the European Commission's decision, according to people familiar with the matter, who spoke on condition of anonymity. If it eventually wins its challenge, judges could void potential evidence gleaned during the inspections on the Clermont Ferrand, France-based firm — frustrating efforts by regulators to build their case. Neither Michelin nor the commission in Brussels immediately responded to a request for comment. Read More: Tire Firms Hit by EU Raids Over Suspected Price-Fixing Plot EU regulators said in January they were concerned “that price coordination took place among the inspected companies, including via public communications.” Michelin resp
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Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 3
- 4/12/24 - Form 8-K
- GT's page on the SEC website