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Dole, Del Monte fined over banana pricing

BRUSSELS, Oct. 15 (UPI) -- The European Commission Wednesday said California fruit producers Dole and Del Monte have been fined more than $80 million for fixing prices of bananas.

The companies were accused, along with Chiquita, of fixing prices during weekly phone calls between 2000 and 2002, Deutsche Welle reported Wednesday.

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Dole was fined $61.6 million. Del Monte was fined $19.8 million. Chiquita escaped punishment due to its role of whistle-blower in the case.

"European consumers spend significant sums on bananas every year," Competition Commissioner Neelie Kroes said in a statement.

"It is totally unacceptable for companies to have rigged prices in this manner and the companies concerned must learn the hard way that the commission will not tolerate such behavior," Kroes said.

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