| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/04/1256 (20.10.04) |
| Publication Date | 20/10/2004 |
| Content Type | News |
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The European Commission on 20 October 2004 fined five companies active in the Spanish raw tobacco processing market a total of € 20 million for colluding on the prices paid to, and the quantities bought from, the tobacco growers in Spain. The concerned processors of raw tobacco are Compañia Española de Tabaco en Rama (Cetarsa), Agroexpansión, World Wide Tobacco España (WWTE), Tabacos Españoles (Taes) and Deltafina, the Italian tobacco processor which is also the main buyer of tobacco in Spain. The Commission also imposed small fines on the tobacco growers for engaging in collective price negotiations. |
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| Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/1256&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Spain |
