We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

E.U. Court Trims Fat On Beef Cartel Fines

Law360 (December 13, 2006, 12:00 AM EST) -- A European court has slashed fines imposed three years ago by the country’s competition watchdog on French beef industry associations for their alleged participation in a price-fixing cartel.

The European Commission slapped six French meat federations with €16.7 million in fines in April 2003 after determining that the group had agreed in October 2001 to set a minimum price for some categories of beef and to suspend or limit imports of all types of beef into France.

The federations – made up of four associations representing...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.