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• Universal Gets Tobacco Fine 

Jump to full article: thestreet.com, 2005-10-25
Author: TSC Staff 10/25/2005 12:29 PM EDT

Intro:

Universal (UVV:NYSE) unit Deltafina was fined $36 million in a European Union tobacco antitrust case. The Richmond, Va., company pledged to appeal.

Universal said the European Commission Competition Directorate imposed fines on four Italian tobacco processors totaling $67 million. The EU charges the processors broke European Union antitrust law in connection with the purchase and processing of tobacco in the Italian raw tobacco market.

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