Zenith CC&P Current Awareness

​European Commission dawn raids in paper sector

18 January 2018

Prof. Suzanne Rab

The European Commission has confirmed that it has carried out a third dawn raid into the kraft paper and industrial packaging sector.

On 16 January the EU enforcer raided the Brussels office of RISI, a subsidiary of Euromoney Institutional Investor.

The Commission carried out raids in March 2016 and March 2017 as part of its competition investigations into the same sector.  At the time it did not say which companies were raided. Mondi has, however, confirmed a raid of its Austrian premises.

The Commission has not investigated the paper and bags market for over ten years. It appears that the current probe concerns horizontal cartelisation.

The latest raid on a market intelligence provider may suggest that the Commission is focusing on the role of RISI as a platform for exchange of sensitive pricing information.

Current Awareness

By the CC&P team