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Colombia reveals sugar industry protection

Wednesday, June 3, 2015

A five year investigation by Colombia’s Superintendent of Industry and Commerce revealed the existence of anti-competitive agreements in Colombia’s sugar industry to drive up prices and bar competitors from the market.

The report revealed colluding practices dating from 1998 to rise prices and shut out competition between 12 sugar producing firms, 3 unions, and 16 managers.

Source: Colombia Reports