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

EU Sends Letters Alleging Banana Conspiracy

Law360 (July 25, 2007, 12:00 AM EDT) -- The European Commission has charged Chiquita Brands International Inc., Ireland's Fyffes Plc, Fresh Del Monte Inc., Dole Food Company Inc., and Ecuador's Exportadora Bananera Noboa with conspiring to fix the price of bananas, sending the companies formal statements of objection.

Several of the companies confirmed on Tuesday that they had received letters from the Commission in which regulators laid out specific antitrust allegations. The claims stem from the prices of bananas in nine countries, Fyffes said.

“The Statements of Objections follow inspections carried out by the...
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.