Suspicion of carteling in the sugar industry

A number of sugar companies, are under investigation for the suspiction of carteling by the Economic Competition Authority.

According to the Economic Competition Authority the alleged agreement could limit the product price setting for certain products, and to determine the quantities to be delivered to customers in its market. The agency's notice states that the fact of infringement has not been established. The proceedings were started after the Economic Competition Authority took a visit on 13May at the sites of  Agrana Magyarország Értékesítési Ltd., at Eastern Sugar Cukoripari Ltd., and at Mátra Cukor Mátravidéki Cukorgyárak Ltd. – reports Privatbankar.hu.