Reuters — Dairy Farmers of America Inc. has agreed to pay US$50 million to settle a class-action lawsuit in which farmers in the northeastern U.S. accused the marketing co-operative of conspiring to drive down milk prices. Settlement papers were filed on Thursday with the federal court in Burlington, Vermont, and require approval by U.S. District […] Read more
U.S. dairy group reaches milk price-fixing accord
EU raids ethanol companies over price-fixing concerns
Brussels | Reuters — The European Commission has raided ethanol companies in two EU countries as part of investigations into alleged price-fixing. The Commission, which acts as the competition watchdog in the 28-member European Union, said Thursday it had concerns that companies may have colluded in submitting price information used to set industry benchmarks for […] Read more
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