French milk producers on Monday stepped up their protests against global dairy giant Lactalis amidst a slump in prices ahead of crunch negotiations on Tuesday.
Hundreds of angry dairy farmers, demanding higher milk prices, on Monday vowed to continue their week-long blockade at the Lactalis headquarters in northwestern France.
Farmers also began a nationwide protest at sites forming part of the supply chain of the family-run dairy giant around the country. On Monday evening, protesters gathered at 18 processing plants, warehouses and supermarkets, according to leading French farmers’ union FNSEA.
Lactalis had agreed to renegotiate the price paid to suppliers last week after farmers occupied an intersection near the headquarters of Lactalis in the western French city of Laval. A glut in milk supplies and diving dairy prices are forcing French farms to sell below cost with producers blaming the company for paying less than competitors.
“We’re wondering if Lactalis is really committed to working this out,” Florent Renaudier of the FDSEA union told Reuters.
Full Content: France 24
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Canadian Breadmakers Settle Price-Fixing Lawsuit
Jul 25, 2024 by
CPI
EssilorLuxottica Open to Meta as Shareholder, Says CEO Francesco Milleri
Jul 25, 2024 by
CPI
California Supreme Court Upholds Proposition 22, Securing Independent Contractor Status for Uber and Lyft Drivers
Jul 25, 2024 by
CPI
Paramount Global Investor Sues to Block Skydance Media Merger
Jul 25, 2024 by
CPI
Software Vendors Win Class Action Status in Antitrust Case Against CDK Global
Jul 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Artificial Intelligence & Antitrust
Jul 24, 2024 by
CPI
On the Antitrust Implications of Embedding Generative AI in Core Platform Services
Jul 24, 2024 by
CPI
Generative AI Partnerships: Separating Good from Bad
Jul 24, 2024 by
CPI
Artificial Intelligence: A New Dimension for Competition?
Jul 24, 2024 by
CPI
Antitrust in the Age of Artificial Intelligence: Lessons from “I, Robot”
Jul 24, 2024 by
CPI