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Germany: Baywa’s Munich offices raided by antitrust regulator

By  |  March 3, 2015

Baywa an agricultural products distributor based in Germany announced on Tuesday that the antitrust regulator had searched offices at the company’s Munich headquarters. The Regulator was looking for evidence of collusion in crop chemicals trading.

“The reasons given for the probe are allegations that employees were involved in anti-competitive collusion in the wholesale market for crop protection products. The probe relates to events that go as far back as the year 2000,” Baywa said in a statement on Tuesday, adding it would fully cooperate with the German Federal Cartel Office.

 

Full Content: Reuters

 

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