S. Africa Drops Price-Fixing Case V. Nestle, Others

Law360, New York (April 20, 2011, 6:43 PM EDT) -- South Africa's antitrust enforcer dropped its long-running dairy price-fixing case against local units of Nestle SA, Parmalat SpA and others Wednesday, citing a recent appellate decision highlighting procedural problems with the case.

The move brings an end to the Competition Commission's efforts to fine Clover Industries Ltd., Clover SA (Pty) Ltd., Nestle SA (Pty) Ltd., Parmalat (Pty) Ltd. and Ladismith Cheese (Pty) Ltd. 10 percent of their annual turnover for allegedly fixing prices for raw and retail milk, which date back to December 2006.

In September,...
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