17.3. 89 Official Journal of the European Communities No L 74/1 (Acts whase publication is not obligatory) COMMISSION COMMISSION DECISION of 21 December 1988" relating to a proceeding pursuant to Article 85 of the EEC Treaty (IV/31.865, PVC) (Only the German, English, French, Italian and Dutch texts are authentic) - (89/190/EEC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Haring regard to the Treaty establishing the European Economie Communitie, Having regard to Council Regulation No 17 of 6 February 1962, First Regulation implementing Articles 85 and 86 of the Treaty ('), as last amended by the Act of Accession of Spain and Portugal, and in. particular Article 3 (1) thereof, : Having regard to the Commission decision of 24 March 1988 to initiate a proceeding on its own initiative, Having given the parties concerned the opportunity to make known their views on the- objections raised by the Commission, pursuant to Article 19 (1) of Regulation No 17 and Regulation No 99/63/EEC of the Commission of 25 July 1963 on the hearings provided for in Article 19 (1) and (2) of Council Regulation No 17 (3), After consulting the Advisory Committee on Restrictive Practices and Dominant Positions, Whereas: PART I THE FACTS (1)  This Decision concerns the application of Article 85 of the EEC Treaty to collusive arrangements amounting to a-cartel involving the producers supplying the bulk () O No 13, 21. 2. 1962, p. 204/62. (2) O] No 127, 20. 8. 1963, p. 2268/63. (2) . Afochem thermoplastic PVC in the Community in pursuance of which they held regular secret meetings in order to coordinate their commercial behaviour, plan concerted price initiatives, fix target and/ or minimum prices, agree target sales quotas for each producer and monitor the progress of the _said collusive arrangements. ' A. Introduction 1. The untertakings The undertakings to which this Decision is addressed are all major petrochemical producers. With the exception of Norsk Hydro they all have their head office within the Community. 17 -undertakings participated in the infringement during the period covered by this Decision. As a result of significant reorganization of the industry, some of the undertakings have been merged with others. Other producers have left the PVC sector: but still continue in existence as undertakings. The Decision in the present case is addressed to-the following 14 undertakings: LVM BASF Montedison- DSM Norsk Hydro Enichem SAV " Hoechst : Shell Huels ‘ Solvay ICI Wacker