Posts Tagged ‘European Commission’
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 MoreProducers face EU grilling over cartel allegations
Some of Norway’s biggest salmon producers are expected to appear in a closed-doors hearing this week in front of the European Commission’s Competition directorate, to face allegations of price-fixing.
Reuters has reported that Grieg Seafood, SalMar and others are due to appear in Brussels this week. The companies concerned have, so far, firmly denied any suggestion that the industry acted improperly.
Read MoreStory telling
Aquaculture needs to get better at explaining itself, but there were plenty of great narratives at the Blue Food Innovation Summit, as Robert Outram reports.
Read MoreEuropean Commission in call to cut admin burden on aquaculture
The European Commission has published two working documents to help member states promote sustainable aquaculture.
Read MoreUK 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 More