MILAN, Nov 3 (Reuters) - Italian cable maker Prysmian SpA said New Zealand's antitrust body had started an investigation to assess commercial practices in the submarine or underground high-voltage cable market.
Prysmian, which operates in 38 countries, did not elaborate in a statement on Wednesday.
Earlier this year, the company said antitrust authorities in certain countries were examining commercial practices in submarine or underground high-voltage cable market and it was cooperating with them.
In September, Prysmian said Australia had opened a probe.
(Reporting by Danilo Masoni; Editing by Steve Orlofsky) Keywords: PRYSMIAN/ (danilo.masoni@thomsonreuters.com; +39 02 661 29 734; Reuters Messaging: danilo.masoni.thomsonreuters@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Prysmian, which operates in 38 countries, did not elaborate in a statement on Wednesday.
Earlier this year, the company said antitrust authorities in certain countries were examining commercial practices in submarine or underground high-voltage cable market and it was cooperating with them.
In September, Prysmian said Australia had opened a probe.
(Reporting by Danilo Masoni; Editing by Steve Orlofsky) Keywords: PRYSMIAN/ (danilo.masoni@thomsonreuters.com; +39 02 661 29 734; Reuters Messaging: danilo.masoni.thomsonreuters@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
