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European price-fixing investigation focused on Norwegian salmon industry

February 21, 2019 — A European Commission investigation – which was announced yesterday after E.C. officials raided Scottish and Dutch corporate offices of several seafood companies – is focused on anticompetitive practices in the Norwegian farmed salmon sector, according to SeafoodSource sources and public statements issued on Wednesday, 20 February.

European Commission investigators, along with U.K. and Dutch national competition authorities, took part in raids on Mowi’s facilities in Rosyth, Fife, Scotland and in Sterk, The Netherlands; at Grieg Seafood’s plant in Lerwick, in the Shetland Islands; and a facility in Stirling, Scotland that is operated by Scottish Sea Farms, which is jointly owned by SalMar and Lerøy Seafood.

On Tuesday, 19 February, Mowi, Grieg, and SalMar issued public statements responding to the raids; Lerøy Seafood issued its own on 20 February.

“E.U.’s competition authorities (European Commission Director General Competition) has conducted an inspection at the premises of Scottish Sea Farms Ltd. – a company owned 50 percent by Lerøy Seafood Group ASA (LSG). The purpose is, according to the competition authorities, to investigate accusations of anti-competitive cooperation in the salmon market,” the company said. “In connection with the inspection, the E.U. competition authorities [have] also requested for information from the shareholders in Scottish Sea Farms Ltd. LSG will assist the authorities in order to facilitate an efficient completion of the investigations.”

Read the full story at Seafood Source

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