French yoghurt makers to hear verdict into price fixing cartel
According to reports in La Figaro, the French Competition Authority will publish a decision which will likely lead to fines for a number of French yogurt manufacturers.
Autorite de La Concurrence is investigating an alleged price fixing cartel opened in 2012 by producers including Lactalis, Yoplait, Novande, Senoble as well as Les Maitres du Cotentin, Alsace Lait and Laita
The companies allegedly held meetings in hotels, kept secret records, and used a telephone registered in the name of one of the member’s partner.
The regulator’s office confirmed that it was examining this case and will not speak about it a decision is made public.
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The companies are alleged to have coordinated on price increases, the implementation of these price increases and the arguments to justify their actions.
These firms defended themselves to the regulator last November but it seems they failed to convince him and it is now likely that sanction will be imposed.
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Autorite de La Concurrence is investigating an alleged price fixing cartel opened in 2012 by producers including Lactalis, Yoplait, Novande, Senoble as well as Les Maitres du Cotentin, Alsace Lait and Laita
The companies allegedly held meetings in hotels, kept secret records, and used a telephone registered in the name of one of the member’s partner.
The regulator’s office confirmed that it was examining this case and will not speak about it a decision is made public.
The companies are alleged to have coordinated on price increases, the implementation of these price increases and the arguments to justify their actions.
These firms defended themselves to the regulator last November but it seems they failed to convince him and it is now likely that sanction will be imposed.
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