Essay upon Origin from the Cartel Among the Four Main Manufacturers of Elevators and Escalators:, Be ma?a ko, Otis, Schindler and Thyssenkrupp

The orgin from the cartel

The EC started out an investigation at the begining of 2004 on its own initiative following being got into contact with by an informant with information concerning the possible lifestyle of a agglomeration among the several major suppliers of lifts and escalators present in the European Union, KONE, Otis, Schindler and ThyssenKrupp. They found out that 17 nationwide subsidiaries from the above undertakings, as well as all their controlling father and mother, and to Mitsubishi Elevator Europe B. V. which took part in the Nederlander cartels will be guilty pertaining to participating cartels. The products which in turn this sector is related to will be elevators and escalators, and also the provision of maintenance and modernization solutions for these goods. The elevator and escalator sectors in Europe are quite concentrated. KONE, Otis, Schindler and ThyssenKrupp are intercontinental manufacturers of elevators and escalators and they are the most important producers operating in The european countries. Their aggregate European talk about of revenue in the elevators and escalators sectors amounted to about 77% in (by volume) in 2003. In Belgium, the several undertakings made up approximately 83% and in Germany 63% of sales in escalators and elevators merged. Even in Luxembourg close to 100% coming from all escalator sales. In the Holland, KONE, Otis, Schindler, ThyssenKrupp and Mitsubishi accounted for near 88% of sales in escalators and elevators in 2003. If we look at repair which is the most profitable support of the market we see that in Athens the big some has a business of 71% and in Australia 51%. In the Netherlands, KONE, Otis, Mitsubishi, Schindler and ThyssenKrupp accounted for approximately 83% (by volume) of companies of elevators and escalators in 2003. If we look at the modernization providers we see that in Athens the big 4 accounted for around 75% and in Germany 82 % of modernization services in the year 2003. In the Netherlands the big four and Mitsubishi accounted for roughly 97% of modernization...

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