The French milk leaders targeted by an investigation by the Competition Authority

Published 2022년 11월 18일

Tridge summary

The Competition Authority in France has conducted unannounced raids on four major milk companies, including Lactalis, as part of an investigation into potential anti-competitive practices in the cow's milk collection sector. The authority is particularly looking into the practice of optimizing milk collection rounds, where dairies collect milk from farmers even if they are under contract with a competitor. The companies have not been found guilty yet, and the authority has not ruled out the possibility of favorable treatment for companies that voluntarily report such practices through their leniency program.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Competition Authority raided four major French milk players on Thursday, including the number one Lactalis, suspected of "having implemented anti-competitive practices" in the collection of cow's milk, we were told. learned Friday from concordant sources. The Authority announced on Friday that its investigation services had "proceeded yesterday [Thursday], after authorization from a judge of freedoms and detention, to unannounced visit and seizure operations with companies suspected of having put implementation of anti-competitive practices in the cow's milk supply sector". “At this stage, these interventions obviously do not prejudge the guilt of the companies concerned by the alleged practices, which only an investigation on the merits will make it possible to establish, if necessary”, added the Authority in a press release. Asked by AFP, the Authority did not wish to say more. "Document Seizures" “There were seizures of documents at Sodiaal, Savencia, Eurial and Lactalis,” ...

Source: Bfmtv