Dole bananas Costa Rica

Dole Food Company has announced that it will appeal a decision by the EU General Court affirming the European Commission’s fine of €45.6m, charged in 2008, for alleged anticompetitive information exchanges involving Dole Fresh Fruit Europe OHG and other EU banana importers in Germany ten years ago.

'The General Court’s decision treats discussions about general market conditions the same as a price fixing cartel,' said Michael Carter, Dole’s president and chief operating officer. 'We strongly believe that the European competition laws were not violated and we willappeal this decision to the EU Court of Justice.'

The European Union fined Dole and several other produce companies in 2008, saying the companies were part of a cartel that fixed prices for bananas in eight EU countries roughly a decade ago.