FRANCE DAIRY SECTOR FACES POTENTIAL EU FORMAL PRICE-FIXING INQUIRY
January 1st, 2016
The leading players in the French dairy industry have been given until mid-February to answer questions posed by the European Commission's competition directorate general about a meeting last July (2015), which Brussels claims could have involved illegal collusion.
Indeed, the meeting preceded a recovery in a depressed price of milk in France, and the Commission has said it had been alerted by complainants into the possibility that there had been illegal price-fixing. If confirmed this could lead to heavy fines by the Commission on French milk producers and ...
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