The South African Competition Commissions has approved the merger – with conditions – in which Robertsons will gain control over Silver 2017 (Pty) Ltd (trading as Newco), following the transfer of the spreads business from Unilever South Africa (ULSA).
ITO documents by Canada’s Competition Bureau released on Wednesday contain allegations of collusion between two of the country’s biggest bread producers and five grocery retailers.
Canadian bakery owner George Weston and retailer Loblaw have avoided criminal prosecution by immediately reporting anti-competitive activity to the Competition Bureau.
South Africa’s Competition Commission is fighting a court ruling preventing victims of a bread pricing cartel suing Waterfall City-based bakery and confectionery business Premier Foods for its role in the scheme.
German cartel office Bundeskartellamt has closed a lengthy case and imposed fines against over 20 flour mills for anti-competitive behavior including price fixing, customer allocation and market sharing agreements.
Several Israeli bakery chains have been issued with charges by the anti-trust authorities over accusations of collaborative involvement in the price fixing of bread products and anti-competition activities.
As a probe continues into the practices of French flour mills supplying commercial bakeries, France's anti-trust watchdog has this week hit those producers with a €149.4m fine over price fixing on packaged flour sold in supermarkets.
French packaging company Groupe Guillin has challenged the legitimacy of the decision by Spanish competition authorities to fine it almost €3m for its alleged role in a fruit packaging price fixing ring as it lodged an appeal with the anti-trust body.
The Spanish competition authority has handed out multi-million Euro fines to Linpac, Groupe Guillin and ILPA for their part in a fruit and vegetable packaging price-fixing cartel spanning eight years.
Amcor and Visy paid out more than A$97m (€74m) last week to more than 1,000 companies in settlement payments over an alleged cardboard packaging price fixing cartel in the Australian market.
Amcor announced today that it has reached an agreement with Jarra Creek to resolve allegations that it took part in a packaging price fixing cartel, worth hundreds of millions of dollars.
As the competition authorities are stepping up scrutiny of the food sector, all companies should ensure they have compliance structures in place and do not view national activities in isolation, say lawyers at CMS Cameron McKenna