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European Commission Ceases Investigation in Newsprint Competition Case

Press release from the issuing company

HELSINKI, Finland, Aug. 26 -- Stora Enso today announced that Stora Enso has been informed by the European Commission that it has terminated its investigation in the competition case related to newsprint producers' operations. In 1999 the European Union Statement of Objection alleged that there had been a newsprint price cartel in the period 1989 to 1995. The case is now closed.