Valio EUR 70 million predatory-pricing penalty
Company: Valio Oy
Summary
The Finnish Competition and Consumer Authority found that Valio abused its dominant position in Finland's fresh-milk market through predatory pricing intended to eliminate effective competition. The Market Court imposed a EUR 70 million penalty, and in December 2016 the Supreme Administrative Court upheld both the infringement finding and the EUR 70 million penalty. Source: https://www.kkv.fi/en/current/press-releases/the-supreme-administrative-court-imposes-a-penalty-payment-on-valio-for-milk-pricing/