Milk testing firm GEA Milfos to pay $925k for fixing prices

Tue, 25 Jun 2019

By Paul McBeth June 25 (BusinessDesk) - Milk testing technology firm GEA Milfos International will pay $925,000 in penalties and costs after admitting that it fixed prices on milk sensors with rival Dairy Automation. In the High Court in Auckland last Thursday, Justice Edwin Wylie ordered Milfos pay a penalty of $825,000 for fixing prices between October 2012 and September 2014, and noted the agreement for Milfos to pay $100,000 to the commission's investigation and enforcement costs. Milfos bought milk sensors from Dairy Automation o...

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