EU Sends Letters Alleging Banana Conspiracy

Law360, New York (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...
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