Manchester, United Kingdom -- As the EU Commission investigation into an anti-competitive polyurethane foam cartel concluded, whistleblower Vita issued a statement. Yesterday, Vita escaped a fine imposed by the European Commission on other members of the cartel.
It said: "Involvement in anti-competitive behaviour was discovered in parts of Vita’s Cellular Foams business in 2010 and immediate steps were taken to report the behaviour to the appropriate authorities.
As a result of reporting the conduct and its cooperation throughout the investigation concludes, the Vita Group and its subsidiaries have been given complete immunity from fines and prosecution.
The conduct identified was limited to certain countries and certain products within Vita’s European Cellular Foams business and was completely terminated by April 2010.
A zero tolerance policy is in place throughout Vita for any anti-competitive behaviour. A Group-wide compliance training programme and a code of business conduct are further supporting employees in their decision-making.
Vita considers the matter to be at a close and has no further comment at this time.
