ALERTS: CARTELS - FOOD DISTRIBUTION – PRICE COORDINATION

Horizontal agreement: The French Competition Authority condemns the main compote manufacturers for horizontal agreement (Coroos)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. 58 million for having implemented, between October 2010 and January 2014, a horizontal agreement aimed at manipulating the prices of fruit compote sold to private label supermarkets and out-of-home catering distributors and at sharing customers and volumes for these same products. Under the pressure of a decline in product profitability due to an increase in the price of raw materials and packaging, continued pricing pressure from distributors who purchased the products and the entry into the market of the Dutch company Coroos, the manufacturers of compotes decided to come together to preserve the profitability of their business. This did not go down well

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Karine Biancone, Horizontal agreement: The French Competition Authority condemns the main compote manufacturers for horizontal agreement (Coroos), 17 December 2019, Concurrences N° 1-2020, Art. N° 93595, www.concurrences.com

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