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German competition authority fines three sugar producers EUR280 million

( February 18, 2014, 13:49 GMT | Official Statement) -- MLex Summary: The German competition authority has levied fines totaling 280 million euros on three German sugar producers — Pfeifer & Langen, Südzucker and Nordzucker — for illegal agreements on prices and quotas. It also sanctioned seven individuals. The cartel concerned sugar used in industrial processes, and sugar sold to consumers.Full statement follows in English and German....

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