German sugar giant Suedzucker and Austrian food group Agrana, in which it owns a 38% stake, have been accused of breaking Austrian competition rules.
Suedzucker said yesterday (8 September) that the two companies have been referred to the Cartel Court of Vienna by the Austrian Federal Competition Authority.
“Agrana and Suedzucker were accused of engaging in anti-competitive agreements relating to Austria,” Suedzucker said. “Suedzucker is currently examining this accusation which is new to the company.”
In its own statement, Agrana, which makes sugar, starch and fruit products, said: “Agrana is currently reviewing the referral and will submit a statement to the Cartel Court of Vienna within the defined deadline.”