Italy's antitrust authority has opened an investigation into four cement makers for alleged price fixing and, with the tax police, has searched the offices of the companies, it said in a statement on Thursday.
The companies under investigation are Buzzi Unicem, Cementir Italia, Industria Cementi Giovanni Rossi and Holcim Italia, the watchdog said.
"The case concerns the possibility of an agreement ... to coordinate cement sales price increases," the antitrust authority added.
Holcim Italia, part of