( September 22, 2025, 22:31 GMT | Official Statement) -- MLex Summary: Chile’s competition agency, the Fiscalía Nacional Económica (FNE), has filed a formal accusation against seven seafood processing companies and eight executives for allegedly colluding to fix the purchase price of southern king crab (centolla magallánica) from artisanal fishers in the Magallanes region. According to the FNE, the cartel operated from at least 2012 to 2021. The companies — responsible for up to 88 percent of crab purchases — allegedly exchanged strategic pricing information via meetings, calls, emails and WhatsApp messages. The FNE is seeking fines totaling over $54 million.Full statement follows in Spanish:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.