THE AUSTRIAN CARTEL COURT IMPOSES SEVERE FINES AGAINST SPAR GROUP FOR PRICE FIXING CONDUCTS
The Austrian Cartel Court held that between July 2002 and December 2013 the companies HOLDAG BeteiligungsgmbH, INTERSPAR GmbH, SPAR HOLDING AG, SPAR Österreichische Warenhandels-AG, Maximarkt Handels-GmbH and LM Beteiligungs GmbH fixed vertical retail prices with various suppliers in regards to various areas of the food retail sector. In particular the practices affected the market segments…