Is There A European Tractor Cartel?
29 January 2016
According to a Reuters report in Europe, Germany's anti-trust regulator said it was investigating a possible cartel of companies making agricultural machinery, particularly tractors. It did not name any targets of the probe.
The German agricultural trading group Baywa said the cartel office had searched its headquarters earlier this week on suspicion that some of its employees were involved in anti-competitive agreements. Baywa said a court order showed several companies from the industry were being investigated, adding it was cooperating with the cartel office.
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