The Standard | by Reuters
French retailer Carrefour has been fined Sh228million (1.75 million euros) for unfairly pressing suppliers for discounts during annual contract negotiations, the finance ministry said in Friday.
The ruling by the Paris Commerce Court follows a probe by anti-trust authorities into Carrefour’s practices during its 2016 negotiations with suppliers, the statement said.
The investigation found that Carrefour had forced suppliers to give discounts as a pre-condition to entering annual price negotiations…
