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EU warns sugar producers of continued antitrust scrutiny

By Lewis Crofts ( April 18, 2014, 11:18 GMT | Insight) -- Europe’s sugar market, most of which is controlled by a few producers including Südzucker and Nordzucker, is “sensitive to cartel behavior” and warrants the attention of “competition authorities throughout the EU,” the European Commission has said. In February, Germany’s Bundeskartellamt levied fines of 280 million euros on sugar companies even as the EU regulator dropped an investigation. But EU antitrust chief Joaquín Almunia has now warned of continued scrutiny.Europe’s sugar market, most of which is controlled by a few producers including Südzucker and Nordzucker, is “sensitive to cartel behavior” and warrants the attention of “competition authorities throughout the EU,” the European Commission has said....

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