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French Bonduelle group monopolized mushrooms can face millions of fines imposed by the European Com 2018-10-06 08:28:19

 French Bonduelle group monopolized mushrooms can face millions of fines imposed by the European Commission

 
The price of canned mushrooms in Europe is too high for a long time because of private price. The European Commission therefore decided to impose a fine of 1 million on three canneries, with Bonduelle, the French cannery, being the highest fined.
 
According to Brussels, consumers in Europe have been paying too high a price for canned mushrooms for a long time. Bonduelle, Prochamp and Lutce, the canners, have negotiated a price since 2010 and privately split market share, according to the European Commission. 2 manufacturers will face a fine of 32225000 euros. The products involved are their own brands, cans of mushrooms and glass bottles for mushrooms.
 
The EU market competition commissioner pointed out that the price monopoly of canned mushrooms is aimed at preventing products from falling prices. For a long time, sales for food retailers were products of price negotiation. All European consumers may be the victims of this price monopoly.
 
The EU Market Competition Commissioner pointed out that the three companies exchanged tender information between 2010 and 2012 and set minimum prices for buyers. Over the years, the 3 companies have agreed on prices in Europe.
 
The French company Bonduelle will pay a fine of 30204000 euros for this purpose. Prochamp, a Dutch firm, has cancelled a 30% fine in collaboration with the European Commission's investigation and is therefore required to pay a fine of 2,021,000. Holland Lut CE was not punished. Because it confessed to the EU competition protection committee illegal cooperation between the enterprises. Due to the fact that all the enterprises that have been punished admit their own faults, the European Union gives all enterprises involved a 10% penalty.


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