Lerøy Seafood Group ASA rejects the European Commission's preliminary assessment
25 Enero 2024 - 5:09AM
Lerøy Seafood Group ASA rejects the European Commission's
preliminary assessment
The European Commission (Commission) initiated, on 19 February
2019, an investigation relating to suspicions of anti-competitive
cooperation in the market for farmed Norwegian Atlantic salmon.
The Commission has today sent a Statement of Objections (SO) to
several exporters of Norwegian salmon. The SO sets out the
Commission's preliminary assessment that the exporters, in some
instances, may have exchanged commercially sensitive information in
relation to spot market sale of whole Norwegian farmed salmon to
the EU in the period 2011-2019. Lerøy Seafood Group (LSG) is one of
the companies that has received the SO.
LSG strongly rejects the Commission's allegations. LSG is
dedicated to ensuring compliance with relevant competition law and
always competes vigorously to offer customers the best products and
terms.
The SO is not a final decision and has been issued in accordance
with the Commission's ordinary procedures for such an
investigation. The SO includes the Commission's preliminary
assessments only. LSG has a right of response, and will after
carefully reviewing the SO provide its comments to the Commission.
LSG has cooperated with the Commission throughout the Commission's
investigation, and will continue to work constructively with the
Commission.
It is standard practice that these investigations last several
years. It is not possible at this stage to make any statement on
whether the case will result in sanctions or other negative
consequences for LSG, or when the case will end. As this is an
ongoing investigation it is not possible for LSG to provide any
further comment.
The information included in this announcement is defined as
inside information pursuant to article 7 of the Market Abuse
Regulation (MAR) and is publicly disclosed in accordance with
article 17 of MAR section 5-12 of the Norwegian Securities Trading
Act. This stock exchange announcement was published by Sjur S.
Malm, CFO at Lerøy Seafood Group ASA, on 25 January 2024 at 12:07
CET.
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