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Intermarché at risk of EUR150 million French fine over buying alliances' terms with suppliers

By Arezki Yaïche ( February 19, 2021, 17:29 GMT | Insight) -- Supermarket group Intermarché faces a possible fine of 150.75 million euros after the French economy ministry asked the Paris Commercial Court to sanction it over alleged abusive practices towards its suppliers. The case targets two of Intermarché's buying alliances, AgeCore and ITM Belgium, which are accused of imposing large fees on suppliers in exchange for commercial services.Intermarché faces a possible fine of 150.75 million euros ($180 million) after the French economy ministry asked the Paris Commercial Court to sanction the supermarket group over alleged abusive commercial practices towards its suppliers....

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