Pingo Doce will challenge judicially €91 million fine

Pingo Doce will "challenge judicially" €91 million fine
By TPN/Lusa,
in News ·
21-12-2020 21:00:00 · 0 Comments
Jerónimo Martins, owner of the Pingo Doce supermarket chain, said today that it will "challenge the decision of the Competition Authority (AdC) to fine it €91 million for price fixing.
"Pingo Doce will challenge those decisions in court and use all means at its power to defend its reputation and repute the truth of the facts," read a statement from Jerónimo Martins sent today to the Securities and Exchange Commission (CMVM).
The AdC decided today to impose a fine of €304 million to six supermarket chains, two beverage suppliers and two individual officials, for indirectly fixing sales prices, a practice detrimental to consumers".

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