October 9, 2019 / 8:13 PM / 6 days ago

MEDIA-French antitrust body plans cartel fine for meal voucher firms - Figaro

** French antitrust body Autorité de la Concurrence plans to fine the four main French meal voucher firms for cartel formation, French daily Le Figaro reported on its website.

** The paper reports that the inquiry focuses on the four key players in the six billion euro French meal voucher market: Ticket Restaurant (Edenred), Chèque Restaurant (Sodexo ), Chèque de Table (Natixis Intertitres) and Chèque Déjeuner (Up).

** Le Figaro reports that the antitrust body suspects that the four firms have exchanged information about their commercial strategy with a view to keep out new market entrants.

** The Autorité de la Concurrence and Sodexo could not immediately be reached for comment. An Edenred spokesperson declined to comment.

Note: Reuters has not verified this story and does not vouch for its accuracy

Reporting by GV De Clercq and Nicolas Delame, Editing by Rosalba O'Brien

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below