A PYMNTS Company

France: Dawn raids, crackdowns on pig slaughterers leads to $6.2M fine

By  |  February 13, 2013
France: Dawn raids, crackdowns on pig slaughterers leads to $6.2M fine

France’s antitrust authority has reportedly followed up on complaints received over pork slaughterers and has fined eight of them, along with two professional entities, for anticompetitive agreements. Nearly $6.2 million has been issued in fines after four pig farmers in France complained of the alleged collusive behavior. France’s antitrust authority investigated and found reason to fine the slaughterers after a probe that included dawn raids. According to reports, the slaughterers focused on lowering the prices paid to the farmers for their livestock. Along with the eight slaughterers, the French Meat Association and the FAC were also both fined.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: 4-Traders

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.