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Agreements between flour traders, Competition Authority to make soon a decision

TIRANA, Sept. 9/ATA/ The Albanian Competition Authority (CA) announced on Thursday that, it will soon make a decision whether the main flour producers in the country, are continuing to follow a prohibited agreement, in order to fix prices.

In an official announcement, CA states that, “it has ascertained the coordinated behavior between the enterprises of import of wheat, import, production and trade of flour, as these enterprises have coordinated the behavior, setting the selling prices and controlling the production in the flour market due to vertical integration, behavior which is contrary to the requirements of implementation of the law “On protection of competition”.

CA emphasized that, the obligation of enterprises not to set, directly or indirectly the purchase or sale prices, or any other trading conditions, not to limit or control production, markets, technical development or investment, to do not share markets or sources of supply.

During the monitoring period they are required to report every 3 (three) months to the CA data on purchases and sales in fulfillment of obligations given under this point.

Failure to comply with point III of this decision, is punished with the relevant penalties, CA said while announcing that it will monitor the behavior of enterprises for a period of 1 year. //a.i/

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