Antitrust Antitrust

Abengoa has EUR20 million fine after settling EU bioethanol benchmark fixing probe

By Nicholas Hirst and Tono Gil
  • 10 Dec 2021 05:34
  • 10 Dec 2021 05:36
Spain’s Abengoa has settled a long-running EU antitrust probe over the fixing of bioethanol benchmarks with a fine of 20 million euros ($22.5 million), the bloc’s competition authority said today.

That appears to leave Lantmännen contesting the allegations, in a surprise development given that the Swedish cooperative had previously pursued a settlement

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