Posts Tagged ‘cartel’
Salmon companies face nervous wait following ‘cartel’ hearing
Some of Norway’s largest salmon companies are in for an anxious time as they await the European Commission’s next move over alleged price-fixing. A three-day hearing in Brussels with the EU’s competition authorities came to a close yesterday.
Read MoreFish farmers facing huge fines – if guilty
The six Norwegian salmon companies accused by the EU of price fixing could collectively face fines totalling NOK 13 billion, almost a billion pounds sterling, it has emerged. The EU Commission says they broke competition rules by sharing information on prices and other matters. Potentially, the fines could total 10% of their global annual turnover…
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