Final Judgement On The Finnish Insulation Price Fixing Cartel

In July 2022, the Supreme Administrative Court of Finland upheld the Market Court's decision to impose penalties on construction insulation manufacturers for participating in cartel conduct through price fixing.

In 2021, the Market Court found three insulation companies guilty for running a national price fixing cartel and imposed penalty payments of over 4 million EUR. The Finnish Consumer and Competition Authority (“FCCA”) granted one of the companies involved in the cartel immunity from the penalty payments as it was the first to contact the FCCA and provide information on the cartel. The Market Court's decision was mainly in line with the FCCA's proposal in 2018 to impose penalty payments.