A Canadian federal court has ordered a group of major agriculture companies to h...
OTTAWA - A Canadian federal court has ordered a group of major agriculture companies to hand over records and communications in an antitrust probe sparked by allegations some businesses tried to block online farm-supply startup Farmers Business Network Inc .
Farm supply wholesalers, including Cargill Inc, Univar Solutions Inc and Federated Co-Operatives Ltd, have also been ordered to produce records. The companies have 60 to 90 calendar days to comply, depending on the specific order. California-based FBN said in a statement: “We believe competition and price transparency is fundamental to a market economy, and to lowering farm expenses, so we are pleased that the Bureau is looking into this matter.
The alleged conduct by the agriculture companies under inquiry, the regulator told the court, may also impede or delay FBN’s successful expansion into the Canadian marketplace and/or cause the company to exit altogether.
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