The Netherlands Authority for Consumers & Markets (ACM) has imposed fines amounting to €2.5 Million on Laarakker, VanRijsingen, Veco, & Verduyn for forming a cartel by allocating & sharing market for production, processing, & sale of different types of carrots. ACM further noted that, for almost 10 years, these companies engaged in the “sale of carrots & Parisian carrots to businesses in the canning & frozen-food industries in the Netherlands, Belgium, & Germany”, entered into an agreement in 2008, as per which, Veco would refrain from producing, processing, and selling carrots & Laarakker, VanRijsingen, & Verduyn would refrain from producing, processing, and selling Parisian carrots.
