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CNC opens formal proceedings against Andalusian cotton gin companies for price-fixing

By  |  March 5, 2012

The Investigations Divisions of the CNC has opened formal proceedings against six cotton gin companies from Andalucía for possible price-fixing. Acting upon a complaint by the Union of Small Farmers and Cattle Breeders of Andalucía (Unión de Pequeños Agricultores y Ganaderos de Andalucía – UPA-Andalucía), the CNC found prima facie evidence of price-fixing agreements entered into with cotton producers.

The six companies are: Algodonera del Sur, S.A. (ALGOSUR), Desarrollo y Aplicaciones Fitotécnicas, S.A. (DAFISA), Eurosemillas S.A., Industria desmotadora andaluza, S.L. (INDESA) and Colectivo Algodoneras del Sur de Andalucía, S.L. (COALSA).

Full content: Comision Nacional de la Competencia

 

Related content: Just What the Doctor Ordered, A Second Opinion for Vertical Price Fixing (Jay Himes, Labaton Sucharow & Morissa Falk, Chaffin Luhana)