On suspicion of illegal price-fixing in the wholesale of pesticides have on several agricultural wholesalers searches occurred (photo: dpa).
Bonn On suspicion of illegal price-fixing in the wholesale of pesticides, the Federal Cartel Office on Tuesday seven agricultural wholesalers and Browse let industry association. This was confirmed by a spokesman for the competition authority of the German Press Agency. Was affected by its own account Europe’s largest agro-dealers Baywa.
At the Federal Cartel Office stated that the authority go to the suspicion that there had been anti-competitive agreements in the calculation and the definition of wholesale and retail prices.
The nationwide search was carried out simultaneously at seven corporate locations and a bandage. In the action of some 45 people Bundeskartellamt and police were involved. A search of the Bundeskartellamt made on the basis of a legal search warrant. This requires an initial suspicion for an antitrust violation.
Europe’s agricultural dealer BayWa confirmed that searches were also with him office space at its headquarters in Munich. This would include the suspicion that Baywa employees were involved in collusive behavior in the wholesale pesticides. The investigation period rich until 2000 back
Topic:. Agriculture
“The Baywa will cooperate fully with the Bundeskartellamt in all respects,” said Baywa CEO Lutz. “It is our greatest interest that this matter fully investigated and possible misconduct is pursued with full force.”
The Federal Cartel Office emphasized that the implementation of a search serves to clarify the facts and means expressly not mean that the affected parties actually an antitrust infringement were guilty. Pending the outcome of the proceedings presumed innocent
Topic:. Top News Company
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