The Italian Competition Authority inflicts a fines over €12 million upon the main 26 producers of pasta and two associations of undertakings, for allegedly exchanging information and adopting other initiatives to increase prices (Listino prezzi della pasta)

Background On 26 February 2009, the Italian Competition Authority (“ICA”) fined 26 pasta producers active in Italy (representing approximately 90% of the overall relevant market) and two associations of undertakings claiming that they had entered into an agreement aimed at increasing the prices applied to the distributors and retailers. The Facts Since the last months of 2006, the main pasta producers met at the trade association UNIPI to discuss the market situation deriving from the soaring of the raw material costs. Many representatives of the companies apparently took the view that a coordinated increase of their prices was necessary. Following that meeting, the UNIPI would have organized further meetings, during which it was clear that all participants had not increased their

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Authors

  • Ashurst (Brussels)
  • Legance - Studio Legale Associato (Rome)
  • Legance - Studio Legale Associato (Rome)

Quotation

Denis Fosselard, Vito Auricchio, Valerio Mosca, The Italian Competition Authority inflicts a fines over €12 million upon the main 26 producers of pasta and two associations of undertakings, for allegedly exchanging information and adopting other initiatives to increase prices (Listino prezzi della pasta), 26 February 2009, e-Competitions February 2009, Art. N° 25933

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