Seeking cure for a fix of vitamins.

Australasian Business Intelligence, February, 2003

Feb 07, 2003 (The Australian - ABIX via COMTEX)

The Australian Competition and Consumer Commission (ACCC) plans to stamp out price-fixing in the vitamin C market. It is taking three of the biggest manufacturers of vitamin C to court, charging that they colluded on price in Australian, and indeed around the world. Having set the price, the ACCC claims the companies - F Hoffmann-La Roche, BASF and Takeda Chemical Industries, divided the world's markets between them. In 2001, the ACCC ran successful prosecutions against Roche Vitamins Australia, BASF Australia and Aventis Animal Nutrition for price-fixing in the vitamins A and E market. Some $A26 million worth of damages were awarded.

Publication Date: 8 February 2003

ROCHE VITAMINS AUSTRALIA...

            
        
    
    	    
                
                
	

		

					 
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