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European Commission investigating potential price-fixing in European farmed salmon sector

February 19, 2019 — The European Commission has confirmed it carried out unannounced inspections on the morning of Tuesday, 19 February at the premises of several companies involved in the farmed Atlantic salmon sector in Europe.

In a statement, the E.C. said it “has concerns that the inspected companies may have violated E.U. antitrust rules that prohibit cartels and restrictive business practices.”

The E.C. did not say what sparked its investigation, nor did it identify which companies are being investigated or which sites its investigators visited. However, Mowi (formerly Marine Harvest) and Greig Seafood confirmed to SeafoodSource their facilities were among those visited on Tuesday. Additionally, a Scottish Sea Farms facility jointly owned by SalMar and Leroy Seafood was also inspected, SalMar CEO Olav-Andreas Ervik confirmed to Reuters.

“We have been informed that The European Commission DG (Director General) Competition is exploring potential anti-competitive behavior in the salmon industry. They have performed an inspection today at Grieg Seafood Shetland,” Grieg Seafood Global Communications Manager Kristina Furnes told SeafoodSource in an email. “The salmon market is very competitive and we are not aware of any anti-competitive behavior. We are co-operating with the European Commission DG Competition’s investigation.”

Furne referred further questions about the investigation to the European Commission DG Competition.

Read the full story at Seafood Source

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