Showing posts with label bananas. Show all posts
Showing posts with label bananas. Show all posts
Wednesday 15 October 2008
Expensive Bananas
The European Commission has fined the banana importers Dole, Del Monte and Weichert a total of € 60.3 million for price fixing in violation of the EU's strict antitrust laws.
The infringement covered the period from January 2000 to January 2002.
California-based Dole was fined € 45.6 million, with Del Monte (USA) and Weichert (Germany, but now controlled by Irish banana giant Fyffe) jointly accountable for € 14.7 million of the fine.
I always knew that Ireland is really a banana republic...
The infringement covered the period from January 2000 to January 2002.
California-based Dole was fined € 45.6 million, with Del Monte (USA) and Weichert (Germany, but now controlled by Irish banana giant Fyffe) jointly accountable for € 14.7 million of the fine.
I always knew that Ireland is really a banana republic...
Labels:
banana republic,
bananas,
EU,
fines,
Ireland,
price fixing
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