The Portuguese Competition Authority renews the decision against milling cartel imposing fines of around 9 million euros (Cerealis / Milling cartel)

Last July 8th 2009, the Portuguese Competition Authority (Autoridade da Concorrência - “AdC” or “PCA”) has issued a new decision imposing fines of around 9 million euros on 11 flour-milling undertakings for coordinating prices, to the detriment of consumers, for breach of Article 4 (1) a) of the Portuguese Competition Law (Law 18/2003, see Portuguese Competition Law), the correspondent norm of article 81 EC Treaty. It is useful to recall that a first decision, involving the same 11 undertakings, was issued on September 19th 2005 (see Press Release 11/2005) was declared void by the Commerce Court of Lisbon on February 12th 2008 (not yet published), as a result of the annulment of the statement of objections (the notification referred on the Article 25 (1) b) of the Competition Law. It is

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Miguel Gorjão-Henriques, Catarina Pinto Xavier, The Portuguese Competition Authority renews the decision against milling cartel imposing fines of around 9 million euros (Cerealis / Milling cartel), 8 July 2009, e-Competitions Due Process Research Program, Art. N° 27851

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