Receipt of Statement of Objections from the European Commission
Tokyo (May 2, 2008) - Bridgestone Corporation confirms that it received a Statement of Objections* on May 1, 2008, and its subsidiary in the United Kingdom, Bridgestone Industrial Limited received on April 30, 2008 from the European Commission with respect to alleged anticompetitive behavior in relation to sales of marine hose.
Bridgestone Corporation will examine the European Commission's preliminary findings as reported in the Statement of Objections and will respond in due course.
*A Statement of Objections is a procedural document whereby the European Commission describes its preliminary view in relation to a possible infringement of EU competition law and allows its addressees to present arguments in response. A Statement of Objections is a preparatory document that does not prejudge the European Commission's final decision. Any final decision by the European Commission is subject to appeal to the European Courts.
Bridgestone Corporation will examine the European Commission's preliminary findings as reported in the Statement of Objections and will respond in due course.
*A Statement of Objections is a procedural document whereby the European Commission describes its preliminary view in relation to a possible infringement of EU competition law and allows its addressees to present arguments in response. A Statement of Objections is a preparatory document that does not prejudge the European Commission's final decision. Any final decision by the European Commission is subject to appeal to the European Courts.