Dairy Execs Charged with Cartel Establishment
- Written by E.Tsiliopoulos
The Special Corruption Magistrate has summoned executives of six of the country's major dairy firms on criminal charges of forming a "milk cartel."
The charges are based on reports from livestock breeders that the companies banded together to push down milk prices paid to producers.
The accused are charged with criminal extortion and harming suppliers and are brought against 10 senior executives, including CEOs and managers, of the dairy firms Mevgal, Fage, Delta, Olympos, Nestle and Agno-Kolios, for misdeeds committed in the years 2004-2006.
The accusations include exerting pressure and threatening dairy farmers with exclusion from all markets unless they sold their milk at very low prices.
An investigation was launched based on complaints filed by dairy farmers, who confirmed that they had been forced to sell below a the fixed price ceiling.
The accused deny the charges claiming that their actions were dictated by free competition and the freedom to select suppliers of raw materials.
Related items
- Manpower Report: Sectors in Greece that Have Achieved Full Gender Equality in the Workplace
- ational Defense Minister Dendias concludes London visit
- Finance Ministry: Greece a champion in real GDP per capita growth in Europe
- African dust smothers Greece - Doctors warnings
- Ancient Messene to get upgraded visitors' facilities, following approval by Council
Latest from E.Tsiliopoulos
- Manpower Report: Sectors in Greece that Have Achieved Full Gender Equality in the Workplace
- ational Defense Minister Dendias concludes London visit
- Finance Ministry: Greece a champion in real GDP per capita growth in Europe
- African dust smothers Greece - Doctors warnings
- Ancient Messene to get upgraded visitors' facilities, following approval by Council