Tuesday, February 05, 2008

Nestle accused of price fixing again

Nestlé and seven other dairy firms in South Africa are defending themselves over charges of price fixing. See:

Previously Nestlé's activities in the milk industry have been heavily criticised for impoverishing small farmers and leading to large increases in the price of milk or pressure on authorities to remove price controls. See, for example:

In Italy in 2005 Nestlé was amongst seven baby food companies fined over 9 million Euros for inflating the price of infant formula. You can find details in this blog:

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