Cartel Probe Costs German Flour Mills €41M In Fines

Law360, New York (February 19, 2013, 1:48 PM EST) -- Germany’s competition regulator has fined a group of flour mills and a mill association €41 million ($55 million) for allegedly fixing flour prices and allocating customers, wrapping up a long-running probe into the scheme, the watchdog said Tuesday.

The Federal Cartel Office, or Bundeskartellamt, said the latest fines stemmed from illegal agreements covering the sale of flour, and pushed the amount of fines levied in the cartel proceeding past €65 million. A €23.8 million fine was imposed on leading flour supplier VK Muehlen AG in October...
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