login
login

Europe Daily Bulletin No. 13309

8 December 2023
Contents Publication in full By article 17 / 34
ECONOMY - FINANCE - BUSINESS / Competition
European Commission fines Lantmännen approximately €47.7 million for cartel aiming to manipulate ethanol prices
Brussels, 07/12/2023 (Agence Europe)

On Thursday, 7 December, the European Commission announced that it had fined Lantmännen ek för and its subsidiary Lantmännen Biorefineries AB (formerly Lantmännen Agroetanol AB), the largest ethanol producer in the Nordic region, approximately €47.7 million for participating in a cartel that concerned the mechanism for pricing wholesale ethanol in Europe (see EUROPE B12988A20 and B12851A22)

The European Commission’s investigation revealed that Lantmännen and two other...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS - EMPLOYMENT
INSTITUTIONAL
EXTERNAL ACTION
Russian invasion of Ukraine
SECURITY - DEFENCE
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
NEWS BRIEFS