Price cartel in the hunting services market
Monday, February 28, 2005, 00:00
The Competition Office fined the Council of Game Products and Hunting Services for Ft 80 million after an investigation revealed that market players in the game meat purchasing market formed a price cartel potentially restricting competition. Between the summer of 2000 and last spring, the council fixed game prices on 11 counts and obliged its members to follow these, which had a domino effect on the entire market. The members of the Council of Game Products and Hunting Services were found in breach of competition laws on Dec. 9, 2004 for fixing prices on hunting services, which resulted in a Ft 150 million fine.