Brief: Schouw & Co Unit BioMar Chile Intends To Rebut FNE Charges

Schouw & Co.

20/12/2019 08:15

Dec 20 (Reuters) - Schouw & Co A/S  SCHO.CO :
    * REG-FNE INDICTS CHILEAN FISH FEED INDUSTRY
    * FNE INDICTED BIOMAR CHILE ON CHARGES OF CONCERTED
PRACTICE,
CLAIMING THAT COMPANY BE FINED UP TO USD 24 MILLION
    * CHILEAN COMPETITION AUTHORITY, FISCALIA NACIONAL ECONÓMICA
(FNE), INITIATED AN INVESTIGATION OF CHILEAN FISH FEED INDUSTRY
IN OCTOBER 2016
    * CHARGES ARE BASED ON ISOLATED CIRCUMSTANCES RELATED TO
CHILEAN
FISH FEED INDUSTRY IN PERIOD 2003-2015
    * BIOMAR CHILE DOES NOT ACKNOWLEDGE CHARGES BROUGHT BY FNE,
AND
COMPANY INTENDS TO REBUT CHARGES THAT IT HAS PARTICIPATED IN
CONCERTED PRACTICES SO AS TO RESTRICT COMPETITION IN INDUSTRY

Source text for Eikon:  ID:nGNEf8S4n 
Further company coverage:  SCHO.CO 

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