Posts Tagged ‘European Commission’
UK retailers say Norway’s salmon cartel cost them £675m
Price-fixing by Norway’s biggest salmon producers cost the UK retailers now suing them £675m. That’s the claim made by the seven supermarket chains that have filed a claim with the UK’s Competition Appeals Tribunal (CAT). It emerged last week, thanks to a trading update from Lerøy Seafood, that a number of UK retailers are taking…
Read MoreUK supermarkets join price fixing action against salmon giants
A number of British supermarkets are suing Norway’s main salmon companies following a European Union investigation into price fixing. This latest development was disclosed yesterday by the Lerøy Seafood Group, one of the companies facing action. Lerøy said in its Q4 report that the supermarkets issued claims for damages in the UK earlier this month against several Norwegian…
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…
Read MoreSalmon’s ‘big six’ to challenge EU price fixing claims
Norway’s “big six” salmon companies have all strongly denied an accusation of price collusion made by the European Commission. The Commission claimed yesterday that the companies broke competition rules by sharing information on prices and salmon volumes. It has sent what is known a statement of objection, also known as an SO, to each of…
Read MoreBREAKING – Norway’s salmon ‘big six’ did violate rules, says EU
The European Commission believes that six leading Norwegian salmon producers breached EU anti-trust rules by colluding to distort competition in the market for spot sales of Norwegian farmed Atlantic salmon in the EU. The Commission has advised the producers concerned that this is its “preliminary” view. The companies named are Mowi, SalMar, Grieg Seafood, Bremnes Seashore,…
Read MoreScottish farmer dismissed from price fixing case
SCOTTISH Sea Farms has been released from a US class-action lawsuit that alleges Norwegian salmon companies colluded to fix salmon prices. The plaintiffs, led by seafood supplier Euclid Fish Company, voluntarily dismissed Scottish Sea Farms from the case, Intrafish reported yesterday. The case was brought last August against salmon farmers Mowi, Grieg Seafood, SalMar, and…
Read MoreFarmers in ‘Norwegian salmon’ probe
EUROPEAN Union officials visited several Norwegian owned salmon companies in Scotland yesterday to explore alleged anti-competitive behaviour in the sector, according to a report by Undercurrent News. Grieg, Mowi (formerly Marine Harvest) and Scottish Sea Farms were all subject to inspections, the report said. But there is some confusion over why Scottish producers were at…
Read MoreSSPO chief’s last words on Brexit
SCOTT Landsburgh, who retired as chief executive of the Scottish Salmon Producers Organisation this week, believes UK businesses can thrive beyond Brexit. In a final interview, published today on the SSPO’s website, Landsburgh reflects on Brexit and future international trade, and the implications for Scottish salmon farmers. ‘The narrowness of the Brexit result is an…
Read MoreEU parliament demands mislabelling crackdown
THE European Parliament adopted a resolution expressing concern at the reported level of mislabelling of fishery products within EU countries, including Britain. According to a recent Commission study, the figure for white fish is at least six per cent. Now the parliament is calling on member states to strengthen national controls, including on non-processed fish for…
Read MoreEurope urged to embrace aquaculture
AQUACULTURE in the European Union is finally showing signs of recovery, the EU Fisheries and Maritime Commissioner, Karmenu Vella, has declared. Speaking at a ‘Farmed in the EU Regions’ conference in Brussels, which showcased European aquaculture success stories, he reported that the sector had seen growth of four per cent in volume and eight per cent…
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