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Commission closes Art. 81 investigation against Fresh Del Monte regarding supply of bananas

The European Commission has announced that it has closed its investigation of various subsidiaries of Fresh Del Monte Produce, Inc. in relation to information sharing practices regarding the supply of bananas in Northern Europe. The Commission has also announced fines for two other banana importers who, along with another importer that was granted leniency, are alleged to have participated in a price cartel (Fresh Del Monte previously indirectly held a financial interest in one of these importers and was held jointly and severally liable for the payment of that party's fine by the Commission, but was not found to have participated directly in any unlawful practices). The Northern European market for bananas was subject to heavy intervention during the period in question via a system of EU tariffs and quotas.

A team from CRA International's London office, led by Vice President Matthias Pflanz and Principal Thomas Buettner, assisted Fresh Del Monte throughout the Commission's investigation.

See Commission press release

Fresh Del Monte press release

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