Hewas sentenced to two years imprisonment in Florida and given a criminal fine of$50,000 in the latest development of an international antitrust crack down onsuppliers of marine hose.
Leadingrubber companies conspired between 1999 and 2007to fix markets and sell marine hose at non-competitive prices.
Shipownersand oil companies were the victims of the conspiracy which covered the sale ofhundred of millions of dollars of hose used to load and discharge oil tankersand gas carriers as well as by the offshore oil industry.
DunlopOil
