Moderators Moderator_02 Posted January 27, 2017 Moderators Share Posted January 27, 2017 http://www.prensa.com/in_english/Acodeco-empresas-distribuyen-galletas-nutricionales_21_4675992361.html Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted January 27, 2017 Author Moderators Share Posted January 27, 2017 Quote Panama: Monopolistic Food Practices Denounced Three food companies are being investigated for alleged monopolistic practices consisting of "establishing, agreeing upon or coordinating bids or abstentions in public tenders". Thursday, January 26, 2017 From a statement issued by the Authority for Consumer Protection and Defense of Competition:ACODECO IS INVESTIGATING ABSOLUTE MONOPOLISTIC PRACTICES IN THE FOOD COMPANIES PRODUCTOS ALIMENTICIOS PASCUAL S.A., AGRO INDUSTRIAS ALIMENTICIAS DE VERAGUAS, S.A., AND ZUELLEN, S.A. The Authority for Consumer Protection and Defense of Competition (ACODECO) has launched an official investigation into alleged monopolistic practices against the companies PRODUCTOS ALIMENTICIOS PASCUAL. SA., AGRO INDUSTRIAS ALIMENTICIAS DE VERAGUAS S.A. and ZUELLEN SA. consisting of establishing, agreeing upon or coordinating bids or abstentions in public tenders, as well as manipulating and fixing the price of sale or purchase of goods and services (nutritional cookies) and also distributing themselves in the existing market by geographical areas (provinces) in the abbreviated tenders (AT) by price conducted by the Ministry of Education (MEDUCA) for the Supply, Transportation, Delivery and on-site delivery of Nutritionally Enhanced Cookies for the years 2014 and 2015. http://www.centralamericadata.com/en/article/main/Panama_Monopolistic_Food_Practices_Denounced Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted January 28, 2017 Author Moderators Share Posted January 28, 2017 Quote Nutritional cookie companies rigged prices to schools Posted on January 27, 2017 in Panama Post Views: 89 TWO COMPETING companies accused of working together to inflate the prices of nutritional cookies distributed to schools are being sued by the for Consumer Protection Authority (Acodeco) Productos Alimenticios Pascual and Agro Industrias Alimenticias de Veraguas and Zuellen are accused of acting as a monopoly to fix the prices by manipulating their bids in public tenders. The agency said the companies effectively agreed not to bid against each other in 2014 and 2015, and divided up the sales territories. http://www.newsroompanama.com/news/panama/nutritional-cookie-companies-rigged-prices-schools Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted January 28, 2017 Author Moderators Share Posted January 28, 2017 It is a bit confusing whether it is two cookie companies or three cookie companies involved in the price fixing scheme based on the information from these different news articles. I originally interpreted the article to be three companies, but conclude now that it is only two companies. Accordingly, the title for this topic has been changed to reflect only two companies having been charged by ACODECO. If any of you have definitive information to the contrary, please let us know (or just post a reply here). Quote Link to comment Share on other sites More sharing options...
Keith Woolford Posted January 28, 2017 Share Posted January 28, 2017 46 minutes ago, Moderator_02 said: Alimenticios Pascual and Agro Industrias Alimenticias de Veraguas and Zuellen Three firms. The Newsroom Panama people erred, imo. Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted January 28, 2017 Author Moderators Share Posted January 28, 2017 Not a problem anymore. I removed any reference to the number of companies involved from the title of this topic. Quote Link to comment Share on other sites More sharing options...
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