EU Regulators Raid Sugar Producers Over Cartel Concerns

Law360, Los Angeles (May 14, 2013, 6:13 PM EDT) -- European Union regulators raided the locations of sugar producers in multiple European Union member states in April over concerns that they were engaging in cartel activity, the European Commission's competition chief said Monday.

European Commission Vice President and Competition Commissioner Joaquin Almunia said the surprise inspections were staged as part of the commission's broader effort to crack down on price-fixing in the food and retail industries. He did not identify the companies that were raided or the countries where they took place.

"We will continue to...
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