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Article: Cascades Fine Papers Group Inc. Settles Canadian Competition Investigation.
- Article from:
- PR Newswire
- Article date:
- January 9, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KINGSEY FALLS, QC, Jan. 9 /PRNewswire-FirstCall/ -- Cascades Fine Papers Group Inc., a subsidiary of Cascades Inc., (CAS-TSX) entered a guilty plea in Ontario Superior Court today in relation to sales in Ontario and Quebec of carbonless sheet paper by its paper merchant business, Cascades Resources. Pursuant to the plea, Cascades Fine Papers Group Inc. has agreed to pay a total of 12.5 million Canadian dollars, payable in instalments over a period of six and a half years.
As a result, the Canadian Commissioner of Competition has now concluded her criminal investigation into the business activities of Cascades Fine Papers Group Inc. and ...