The European Commissionhas fined four European North Sea shrimp traders a total of EUR28.7 million ($38.9 million) for operating a cartel in breach of EU antitrust rules. Combined, the companies -Heiploeg, Klaas Puul, Kok Seafood (all of the Netherlands) and Stuhrk (of Germany), have a European market share of around 80 percent. Between June 2000 and January 2009, Heiploeg and Klaas Puul agreed to fix prices and share sales volumes of North Sea shrimp in Belgium, France, Germany and the Netherlands.
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