ESTC is aware of the recent news regarding the European Union’s antitrust watchdog raid on companies operating in the synthetic turf industry. While we cannot comment on specific cases or companies involved, we firmly believe in the importance of fair competition and compliance with all applicable laws and regulations.
As a representative of the synthetic turf industry, we emphasize our commitment to promoting a competitive market environment that benefits both consumers and businesses. Our industry has a track record of fostering innovation, providing high-quality products, and meeting the evolving needs of customers across various sectors.
The synthetic turf industry operates in a highly regulated environment and adheres to strict standards and guidelines. We are fully supportive of fair competition policies and compliance with antitrust rules. We believe that healthy competition stimulates innovation, fosters technological advancements, and ultimately benefits end-users.
We encourage the European Commission and the antitrust watchdog to conduct a thorough investigation to ensure the integrity and transparency of the market. We are confident that the synthetic turf industry, as a whole, will demonstrate its commitment to compliance and fair practices during this process.
ESTC remains dedicated to upholding the highest ethical standards and working in collaboration with regulators to ensure a fair and competitive marketplace. We are committed to providing safe, sustainable, and high-performing synthetic turf solutions to our customers while complying with all applicable laws and regulations.
Should there be any further developments regarding this matter, we will continue to cooperate with the authorities and provide any necessary information to support their investigation. We remain confident in the integrity of our industry and its commitment to fostering fair competition and delivering innovative solutions to customers.
For any inquiries or additional information, please feel free to contact the Director General/CEO of ESTC, Stefan Diderich @ email@example.com.