As is known in the market, the Chilean competition authority, Fiscalia Nacional Económica (“FNE”), initiated an investigation of the Chilean fish feed industry in
Further to the industry investigation, the FNE has now indicted BioMar Chile on charges of concerted practice, claiming that the company be fined up to
BioMar Chile does not acknowledge the charges brought by the FNE, and the company intends to rebut the charges that it has participated in concerted practices so as to restrict competition in the industry.
Presumably, this will be a rather long-running case, but we will keep the market informed of any material developments in the matter.
Jørn Ankær Thomsen, Chairman
Jens Bjerg Sørensen, President
Questions relating to the above should be directed to President
Attachment
- 2019-12-20 FBM 13-2019
Chile feed industry ENG
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