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SNCB, Infrabel Sue Elevator Makers on Cartel Ruling, L’Echo Says

April 3 (Bloomberg) -- Belgian rail companies SNCB Holding SA and Infrabel SA are suing four of the world’s largest elevator manufacturers, L’Echo reported, citing a court filing.

The rail firms have opened legal proceedings in a Belgian court on the basis of a European Union antitrust decision against United Technologies Corp.’s Otis unit, Finland’s Kone Oyj, Schindler Holding AG, and ThyssenKrupp AG, the newspaper said. The companies were among five that were fined a total of 992.3 million euros ($1.3 billion) by the European Commission in 2007 for participating in a cartel that carved up the market for elevators and escalators.

To contact the reporter on this story: Jim Brunsden in Brussels at jbrunsden@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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