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KKV proposes a €900,000 penalty for Valio over violation of condition in the Heino Wholesale acquisition

The Finnish Competition and Consumer Authority (KKV) is recommending that the Market Court imposes a €900,000 penalty on Valio Oy. Valio failed to comply with the commitment it made during the acquisition of Heino Wholesale to safeguard price information of competing manufacturers. In 2021, KKV conditionally approved the acquisition in which Valio acquired Heino Wholesale, a foodservice wholesale business.

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