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Spain fines four tobacco companies $66 million for anti-competition

Posted On: Apr. 15, 2019 6:10 AM CST

Spain’s anti-trust regulator fined four tobacco companies a total of €58 million ($66 million) for non-competitive practices, Reuters reported. The regulator said that Spain-based distributor Compania de Distribucion Integral Logista Holdings S.A. provided sales information about rivals to the tobacco companies to eliminate competition.

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