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Europe Daily Bulletin No. 10472

13 October 2011
Contents Publication in full By article 31 / 34
GENERAL NEWS / (ae) eu/competition
Cartel on banana prices - €8.9 million fine

Brussels, 12/10/2011 (Agence Europe) - On Wednesday 12 October, the European Commission concluded that the Chiquita and Pacific Fruit groups (two of the biggest exporters and sellers of bananas to the EU) operated a price fixing cartel in southern Europe from July 2004 to April 2005, in violation of the EU antitrust rules banning cartels and restrictive business practices. For this infringement of EU law, the Commission imposed a fine of €8,919,000 on Pacific Fruit. Chiquita received...

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