The Lisbon Court of Appeal upheld the decision of the Competition Authority (AdC) sentencing Lactogal harmful practices by competition and a fine of 314,000 euros imposed by the regulator.
At issue is a conviction in July 2012 “harmful practices by competition in the distribution and marketing of dairy products in Horeca (hotels, restaurants and cafes) channel markets,” recalls the Competition Authority, in a statement released this Tuesday.
regulator Lactogal sentenced to pay a fine of 341,000 euros for “fix minimum resale prices of their products as well as marketing margins and other direct or indirect remuneration of its distributors in the Horeca channel.”
judgment of the Lisbon, 29 January 2014, Court confirms not only the decision of the Competition Authority, the amount of the fine imposed.
In total, between 2003 and 2006, Lactogal fixed resale prices and trade margins in 59 dairy distribution contracts with 55 distributors, the regulator concluded Competition.
No comments:
Post a Comment