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Germany: Baywa pledges support to antitrust authorities

By  |  January 31, 2016

Bundeskartellamt, an independent competition authority, searched various offices at Baywa’s headquarters on Jan. 26 following an order issued by local court in Bonn. In response Baywa published that it pledges its support to antitrust authorities.

Investigation is based on suspicion that employees of company were allegedly involved in agreements aimed at restricting competition in sale of agricultural equipment Source text.

“We will of course cooperate with the Bundeskartellamt so that the accusations can be cleared up as quickly as possible,” Klaus Josef Lutz, Chief Executive Officer of BayWa AG, said.

Full content: BayWa

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