Investigation of Belgian fruit industry underway

apples

Do we pay too much for apples?

The Belgian Competition Authority (ABC) has opened a wide-ranging survey of prices in the fruit market, reported De Tijd on Wednesday (7 September).

The investigation by the competition authority has been underway for a while and includes producers of apples and pears. The authority may impose fines on cartels which can go up to 10% of the turnover of the companies concerned, as well as penalties or fines against the management from 100 to 10,000 euros.

A cartel is an agreement that distorts market competition between firms by controlling prices or excluding the entry of a new firm in the market.


The author: Clémentine FORISSIER

Clémentine Forissier, a youthful journalist hailing from Brussels, has been making waves in the field of media. Despite her relatively young age, she has quickly risen to prominence as a prominent voice in Belgian journalism. Known for her fresh perspective and dynamic reporting, Clémentine has become a recognized figure in the Brussels media scene, offering insightful coverage of various topics.

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