Three German Sugar Companies Fined €280m For Price Fixing
date:Feb 24, 2014
said that violations committed by the three companies started in the mid-1990s and continued right up until the beginning of an investigation in 2009.

Adreas Mundt, Bundeskartel President, said that the aim of the agreements between Nordzucker, Pfeifer Langen and Sdzucker was to achieve the highest possible prices for their sugar

This type of coordination was not permitted under the European sugar market regulation. In spite of the quota system and minimum price garuntees, competition for sa
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