Press Release: Antitrust: European Commission fines animal feed phosphates producers €175 million for price-fixing and market-sharing in first “hybrid” cartel settlement case

The European Commission has concluded its first settlement of a cartel case in a hybrid scenario, where both the settlement and ordinary procedures were followed.

It has fined producers of animal feed phosphates a total of €175,647,000 for operating a cartel that lasted over three decades and covered a large part of the European Economic Area (EEA) territory. All but one company settled the case with the Commission and therefore received a 10% reduction each of their fine.