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Animal Feed Cartel

The European Court of Justice on Thursday upheld a $64 million fine against France-based Roullier and its subsidiary Timab Industries for their role in a price-fixing cartel on the animal-fed phosphate market, finding its refusal to settle justified a higher fine.

LUXEMBOURG – The European Court of Justice on Thursday upheld a $64 million fine against France-based Roullier and its subsidiary Timab Industries for their role in a price-fixing cartel on the animal-fed phosphate market, finding its refusal to settle justified a higher fine.

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