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Finland: Report finds food giants in ‘grey area’ of antitrust compliance

By  |  November 15, 2012
Finland: Report finds food giants in ‘grey area’ of antitrust compliance

The Finnish Competition Authority has found that the food market’s two leading companies, the S Group and the K Group, are in the “grey-area” in terms of being in compliance with antitrust law. The S Group controls 45 percent of the sector, while the K Group controls 35 percent. While the two retailers were not found to be in violation of any antitrust law, the FCA is concerned over the two groups’ buying power, specifically with “gratuitous” marketing allowances, a transfer of high risk to the suppliers they work with, and their dominant position in regards to private-label products. The findings were published in a report that probed the food market since the beginning of 2012.

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