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Sugar cartel held Austria by the short hairs from 2004 to 2008

Published: September 10, 2010; 15:29 · (Vindobona)

Südzucker, Agrana and another provider sealed off the Austrian sugar market by collusion from 2004 to 2008. The Competition Authority has filed an application for a fine. A chief witness has spilled the beans.

Sugar cartel held Austria by the short hairs from 2004 to 2008 / Picture: © Flickr

The sugar company Südzucker and its Austrian holding, Agrana, have divided the sugar market by collusion with another provider from 2004 to 2008 and are to be imposed a fine for a yet undisclosed amount, informed the Austrian Federal Competition Authority (Bundeswettbewerbsbehörde - BWB). The collusion is said to have affected all products in the sugar industry (industrial and retail)…

This article includes a total of 324 words.

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