France: "The ham cartel" sanctioned by the competition authority

The French Competition Authority has just sanctioned several companies active in the purchasing and sales of pork products and delicatessen products for having implemented three concerted anticompetitive practices. The competitors agreed on the price of boneless ham used to make cooked hams, and there were also agreements between competitors for the marketing of delicatessen products under the distributor's brand. These practices have been brought to light by the clemency procedure, which allows companies that have participated in a cartel to disclose its existence to the Authority and to obtain, under certain conditions, the benefit of total or partial exoneration from the penalty, as is the case with Campofrío and Coop. Agreement on the variation in the weekly ham price The groups Campofrio, Fleury Michon, Financière Turenne Lafayette, and Les Mousquetaires were in agreement from January 14, 2011 to April 26, 2013 to hold a common position on the variation in the weekly price of ...