Franco-German flour cartel fined by Autorité de la concurrence for conspiracy and price-fixing
The Autorité de la concurrence has fined 14 French and German flour millers for forming a cartel to limit flour exports between the two countries. The watchdog has also fined seven French flour companies for price fixing, through the cooperatives France Farine and Bach Muehle, which conspired to set flour at artificially high prices. The cartel was fined 242 million euros (approximately $317 million) and the price-fixing companies 147 million euros.
German miller Wilh. Werhahn KG had reported the cartel and thereby avoided a 16.7 million euro fine.
Full content: Bloomberg
Related content: Unforeseen Risks of Disclosure in Leniency Programs (Laura Atlee, Steptoe & Johnson)
Featured News
Japan’s Prime Minister Criticizes US Block on Nippon Steel-US Steel Deal
Feb 17, 2025 by
CPI
UAE Cabinet Announces New Merger Control Filing Thresholds Effective March 2025
Feb 17, 2025 by
CPI
UK Regulator Warns Topps Tiles Acquisition Could Hurt Competition
Feb 17, 2025 by
CPI
FTC Chair Andrew Ferguson Backs Trump’s Authority to Remove Commissioners
Feb 17, 2025 by
CPI
South Korea Suspends Downloads of Chinese AI App DeepSeek Over Data Privacy Concerns
Feb 17, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon