In a statement, AdC indicated that “the investigation concluded that through contacts established through the common supplier, without the need to communicate directly with each other, the participating distribution companies ensure the alignment of retail prices in their supermarkets, in a conspiracy equivalent to a cartel, known in competition law terminology as "hub-and-spoke".
“The sanction decision resulted in a total fine of 17.2 million euros”.
I see the good work in stopping price fixing, but tell me why the €17 million must go to the Government and not the people that were defrauded. To me it looks like fraud in a different guise by the Government.
By JG from Algarve on 21 Dec 2021, 09:57