The Autorité fines Tereos Océan Indien for abuse of a dominant position

Following a complaint lodged by the company Réunionnaise du Rhum, the Autorité de la concurrence has fined the sugar and molasses producer Tereos Océan Indien (TOI) 750,000 euros for abusing its dominant position, by precluding the possibility to exit the contract for the supply of molasses, a product used to make local rum and of which it is the sole supplier on the island.