Agreement on the price of ham : 93 million euros in fines for twelve companies

These producers are accused of forming a “cartel” to fix the price of the delicacies and sell their products more expensive in the market.

These manufacturers are accused of forming a “cartel” to fix the price of delicacies and sell their products more expensive in large distribution.

Twelve industrial companies will be fined a total of 93 million euros for forming a “cartel” to set the price of ham and cold cuts between 2010 and 2013, the competition authority announced Thursday.

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The producers in question (‘fatteners’) coordinated the purchase of the cheapest prosciutto pieces from the loggers and/or agreed to increase the prices of the cured meat products that they intended to practice among traders for their private labels (MDD), i.e. , ‘first prize, ‘”, says the announcement of the Contest.

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“A method of organization that replaces free competition”

The French leader in pig production, the Cooperl cooperative, which has six sausage production plants, has the strongest sanctions (35.5 million euros). It is followed by the Los Mosqueteros distribution group (Intermarche, Netto), which also produces products under its own brands such as Monique Ranou (31.7 million euros in fine), and the Fleury Michon group (almost 14.8 million euros).

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“The agreements referred to a lot of products for daily consumption (ham, cooked ham, sausage, rosette, chorizo,…)”, underlines the Market Competition Department. The agency noted: “The arrangements put in place by cured meat manufacturers were both ‘upstream’, that is, the industry’s relationships with the processors, which provided the raw material, and ‘downstream’, that is, the relationships with their customers for large-scale production distribution.”

“By secretly negotiating on the positions to be adopted before their negotiations, industrial meat has imposed a mode of organization that replaces free competition and that has created for the interested parties any uncertainty about the behavior of their competitors,” says the Authority.

“Acquittal Procedure”

The denounced practices “were discovered through the immunity process, which allows the companies that participated in the agreement to reveal the existence of the Authority and, under certain conditions, enjoy total or partial immunity from sanction,” it said. he says.

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“In that case, two groups, Campofrio and Co-Op, requested leniency and introduced elements of the instruction,” he said. They were also fined, amounting to one million and six million euros, respectively.

Update date: July 16, 2020, 05:58

Categories: Optical Illusion
Source: newstars.edu.vn

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