| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/1175 (27.11.13) |
| Publication Date | 27/11/2013 |
| Content Type | News |
|
On 27 November 2013 the European Commission fined four European North Sea shrimps traders a total of € 28 716 000 for operating a cartel in breach of EU antitrust rules. The purpose of the cartel was to freeze the market by stabilising the suppliers' market shares in order to facilitate price increases and stimulate profitability. The cartel affected the EU market and sales in Belgium, Germany, France and the Netherlands in particular. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-1175_en.htm |
| Subject Categories | Internal Markets, Mobility and Transport |
| Countries / Regions | Europe, Germany, Netherlands |
