The Chile\\$quot;s Antitrust Court has fined four global gas giants for colluding in a medical liquid oxygen supply case.
The local units of Air Liquide, Indura in which the BOC Group owns a 40 per cent stake, Aga SA, a unit of Germany's Linde and Praxair were each given fines amounting to less than $1 million.
According to Linde spokesman, the group\\$quot;s Argentina based subsidiary AGA was fined $750,000 related to its medical gases business. He said: "We will appeal against this decision as we don\\$quot;t think it was justified."
According to the court the companies\\$quot; tender to supply oxygen to public hospitals failed.
The companies have the right to appeal the ruling before Chile's Supreme Court.
Comments from the other companies involved were not available.
Air Liquide and Linde fined [Monday May 22nd 2006]