The German FCO allows installment payment of cartel fine in mills case (VK Mühlen AG)

German FCO allows installment payment of cartel fine in mills cartel case* On October 25, 2011, the Federal Cartel Office (“FCO”) fined mills company VK Mühlen AG in the amount of € 23.8 million for price fixing and customer and market allocation with competitors regarding the sale of flour in Germany. In addition, the FCO found that the participants coordinated capacity reductions. This has been the FCO’s first fine in the ongoing and very broad mills cartel proceedings. According to the FCO, further 40 companies are subject to the investigation. It seems that VK Mühlen AG fully cooperated with the FCO during the

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  • Heinz & Zagrosek (Köln)

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Silke Heinz, The German FCO allows installment payment of cartel fine in mills case (VK Mühlen AG), 25 October 2011, e-Competitions Bulletin October 2011, Art. N° 39981

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