European Commission fines Coroos and Groupe CECAB €31.6 million for participating in canned vegetables cartel
The European Commission has fined Coroos and Groupe CECAB €31.6 million for participating in a canned vegetables cartel. Another party (Bonduelle) was not fined as it revealed the existence of the cartel to the Commission. All three companies admitted their involvement in the cartel and agreed to settle the case. A fourth company, Conserve Italia, has not settled and therefore the investigation will continue under the standard (non-settlement) cartel procedure for this company. Click here.
CMA refers JD Sports/Footasylum merger
The CMA has referred the JD Sports/Footasylum merger for a detailed phase 2 investigation after the parties decided not to offer undertakings to seek to avoid a reference. Click here.
EU
Mergers
- The European Commission has approved the acquisition of Aleris by Novelis. The decision is conditional on the divestiture of Aleris' aluminium automotive body sheets business in Europe. Click here.
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