German Cartel Office Withdraws Proceedings Against Bell Food Group
Bell Food Group has announced that the Federal Cartel Office has withdrawn anti-trust proceedings relating to alleged illegal price agreements in the German sausage industry.
The move means that an original fine of €100 million imposed on the group is also now withdrawn.
In a statement the German group said, ‘This decision confirms the Bell Food Group's interpretation of the law that Bell Germany was innocent of any antitrust violations.’
The company added, ‘The Bell Food Group from the outset did not consider this fine to be justified, either in fact or under the law, and filed a timely appeal against the decision of the Federal Cartel Office. For the same reason, no provisions were ever raised for this fine.’
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Aidan O’Sullivan. Click subscribe to sign up to ESM: The European Supermarket Magazine.