Further Greek dairy fines

Posted 3 January, 2008
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Greece’s competition watchdog has levied an additional €28.6 million in fines against 10 dairy companies and supermarkets for fixing retail prices on dairy products.

In December, the competition commission fined seven dairy companies a total of €48.3 million for fixing prices paid to dairy producers and among themselves – the result of a more than year-long investigation into anti-competitive practices in the dairy sector. “In a second decision, the Commission adjudicated the legality of agreements between the milk producers and their distributors on the one hand, and the supermarkets on the other,” the commission says in a statement.

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