:. Food Industry News


German Milk Prices Face Price-Fixing Review

Source: Reuters
16/08/2007

Duesseldorf, Germany, Aug 15 - German anti-trust officials are examining a jump in milk prices on suspicion of possible price-fixing, the Federal Cartel Office said on Wednesday.

Daily News Alerts

Investigators examined documents on Wednesday at the Milk Industry Assocation (MIV) and the ZMP centre for argicultural price reporting, a spokesman for the agency said.

He said the bureau had not opened a formal investigation but was rather trying to "clarify facts" because the two groups were expected to have information about price rises early this month.

Prices for milk and other dairy products rose across the board from the end of July, with butter prices up by half, the cartel office said, noting increases had even been announced in advance.

The authorities have not ruled out prospects that milk producers and distributors had agreed on price hikes, he said, adding: "Such a step would violate cartel law."



GO   View more articles on this subject


More Alerts from 16/08/2007


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
German Police Raid Factory in Rotting Cheese Probe
German Cartel Office to Probe Dairy Sector
German Dairy Farmers End Milk Strike
German Milk Farmers Relax Blockade of Dairies
Protests by German Farmers Has Cost Milk Processors...
Germany Opposes EU Plan to Increase Milk Quotas (DJ)
International Food Retail Capital Announces Closing...
Germany: Nordmilch to Sell Milk Drinks, Yoghurt and...
Germany: Increasing Exports of Milk and Dairy Products...
German Dairy Firm Muller in Southeast European JV with...

More in Food Industry News
U.S. December Retail Sales to Spur Profit Warnings
Branded Kenyan Coffee Expected on the Market in 2009
GLG Life Tech Corporation Begins Operations at Two...
Xiwang Sugar Holdings Issues Profit Warning and Postpones...
Perdigao Rationalises Dairy Operations; Shuts 2 Plants
ABInBev to Close London Brewery, 182 Jobs at Risk
Overview of Poland's Booming Food Processing Sector
UK Farmers' Union Attacks 'Unjustified' Milk Price...
UK Retailers Ease Christmas Fears but Still Gloomy
France: Bakery Firm Neuhauser 31 Mln Euro Maubeuge...

Top Headlines
U.S. December Retail Sales to Spur Profit Warnings
Branded Kenyan Coffee Expected on the Market in 2009
GLG Life Tech Corporation Begins Operations at Two...
Perdigao Rationalises Dairy Operations; Shuts 2 Plants
Xiwang Sugar Holdings Issues Profit Warning and Postpones...
ABInBev to Close London Brewery, 182 Jobs at Risk
Overview of Poland's Booming Food Processing Sector
UK Retailers Ease Christmas Fears but Still Gloomy
UK Farmers' Union Attacks 'Unjustified' Milk Price...
France: Bakery Firm Neuhauser 31 Mln Euro Maubeuge...
India Truckers' Strike Pushes Up Commodity Prices
Lithuania: Declining Sales Force Alcoholic Beverage...
Licht Sees Tighter coffee market from 2009/10
Australia's Queensland Sugar Eyeing Export Monopoly...
Food Corp of India Raises 2.2 Billion Rupees Via Bond...
British Shoppers Make Last Visit to Woolworths
Lotte to Buy South Korea Spirits Maker for $386 Mln
Canada: Atrium Acquires Nutri-Health Supplements
Frutarom Acquires the Business of UK Company Oxford
FrieslandCampina Becomes Royal FrieslandCampina
Sligro Food Group Posts EUR 2,168 Million Sales in...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228