Dutch Agency Fines Millers €82M In Flour Cartel Probe

Law360, New York (December 23, 2010, 3:45 PM EST) -- The Dutch antitrust regulator fined 14 millers in three countries almost €82 million ($108 million) on Thursday for allegedly running a cartel to divvy up the flour market in the Netherlands for six years.

The Netherlands Competition Authority concluded that the 15 companies that account for the vast majority of the country's flour products agreed to share the market in order to limit competition and even went as far as to buy out and shut down rivals that would not join the cartel.

Because Dutch consumers...
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