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March 14, 2013
12:35 EDTDOLEDole Food says will appeal EU upholding fine of EUR 45.6M
Dole Food Company announced the decision by the EU General Court affirming the European Commission’s fine of EUR 45.6M for alleged anticompetitive information exchanges involving Dole Fresh Fruit Europe OHG and other EU banana importers in Germany 10 years ago. The company said, “The General Court’s decision treats discussions about general market conditions the same as a price fixing cartel. We strongly believe that the European competition laws were not violated and we will appeal this decision to the EU Court of Justice.”
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