Competition record
Archer Daniels Midland
Deep profile · 1 linked library matter
Archer Daniels Midland processes grain, oilseeds, and feed ingredients. This separate library id is ADM in the EU citric-acid cartel, which the library records as fined.
Overview
The company is the same grain processor that crushes oilseeds and ferments ingredients. Citric acid is the sour additive in soft drinks, canned food, and detergents. Beverage and food manufacturers buy it by the ton.
This library id is the citric-acid matter, not the lysine prosecution. The European Commission found that citric-acid producers, including ADM, fixed prices and allocated volumes in the first half of the 1990s. The library status is fined.
This profile does not state a euro figure for the citric-acid fines. Hauser is another producer named in the same library file. The US lysine case has its own id, adm.
Competition footprint
Citric acid is an invisible ingredient in drinks and processed food, so a fixed price is inside the grocery product.
Volume allocation divides the customers among the fermentation plants.
The recorded status is fined, without a fine amount repeated here.
Consumer & business angle
Soft-drink bottlers and food companies were the direct buyers.
Other citric-acid producers in the file, including Hauser, were the coordinating rivals.
What to watch
- Follow-on claims by food and beverage buyers arising from the citric-acid cartel.
- Which ADM id a reader has open, because the lysine prosecution is filed separately.
Markets
citric acid · food additives · grain processing
Also known as: adm citric acid, archer daniels midland citric