News International Sugar Journal

EU Regulators confirm antitrust raids on sugar producers in April [Registered]

Several EU white sugar producers were raided by regulators on April 23 this year on suspicion of taking part in a cartel, the EU’s anti-trust chief Joaquin Almunia has confirmed. The raids came amid complaints about unfair trading practices in the food industry which prompted the European Commission to set up a task force. “The inspections relate to the supply of white sugar,” the Commission confirmed in a statement. “The Commission has reasons to believe that the companies concerned may have violated EU antitrust rules that prohibit cartels and restrictive business practices (Article 101 of the Treaty on the Functioning…

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