The Spanish Competition Authority issues a new and modified ruling on the dairy sector cartel and imposes fines on companies and two trade associations amounting to €80.6 million (Industrias Làcteas 2)

On 26 February 2015, the Spanish Competition Authority (“CNMC”) handed nine companies and two trade associations that operated in the dairy sector fines of EUR 88 million. [1] These fines were annulled by the Spanish High Court in October/November 2018 after the Spanish Supreme Court declared that a procedural defect had occurred during the investigation phase. Last January, the CNMC reopened the infringement proceedings and, on 11 July 2019, imposed fines on eight companies and two trade associations in the diary sector amounting to 80.6 million euros. [2] Introduction According to the CNMC’s original decision, several companies operating in the market for the supply of raw cow's milk exchanged sensitive information at national and regional level on the purchase price of raw cow's

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Ana Jiménez-Clavería, Carlos Vérgez Muñoz, The Spanish Competition Authority issues a new and modified ruling on the dairy sector cartel and imposes fines on companies and two trade associations amounting to €80.6 million (Industrias Làcteas 2), 11 July 2019, e-Competitions Bulletin July 2019, Art. N° 92000

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