The Portuguese Competition Authority condemns cartel in the salt sector under Art. 81 EC and imposes a fine of € 1 M (’Salt Cartel’ - Salexpor, Salmex, Vitasal)

The Portuguese Competition Authority (Autoridade da Concorrência - “PCA”) has delivered a decision condemning four companies for entering into a cartel agreement aiming at dividing up and fixing market shares, fixing prices and sharing costumers. According to the PCA, the alleged cartel operated during at least eight years (between 1997 and 2005) in the salt sector, probably involving the four main companies operating in the wholesale market of salt for industrial and food purposes in Portugal and representing from 75% to 90% of the relevant market. The estimated damages to the economy were calculated as being of 5.6 M€ (for the

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Miguel Gorjão-Henriques, The Portuguese Competition Authority condemns cartel in the salt sector under Art. 81 EC and imposes a fine of € 1 M (’Salt Cartel’ - Salexpor, Salmex, Vitasal), 17 July 2006, e-Competitions July 2006, Art. N° 12390

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