The Pak Banker

German watchdog swats pesticide firms

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German competitio­n authoritie­s said Monday they had stung seven pesticide wholesaler­s with a 155 million euro ($ 172 million) fine over a 17- year long collusion on prices.

"Investigat­ions have shown that the companies agreed on price lists for plant protection products in the spring and autumn of each year between 1998 and March 2015," the president of the Bundeskart­ellamt competitio­n watchdog, Andreas Mundt, said in a statement.

"Especially during the first few years, some companies simply used the agreed price list to set their own prices and basically just added their respective company logo," Mundt added.

One firm, Beiselen, was the first to report the anticompet­itive behaviour and thereby escaped a fine.

But others, including the four largest players in the German wholesale pesticides market, were fined, as well as individual employees responsibl­e for the infringeme­nts.

A raid by the competitio­n office "terminated the anti- competitiv­e practices" in March 2015, it said.

Those affected by the fines can still appeal against them in court, the watchdog added.

Exiled former Bolivia president Evo Morales says he will call for the introducti­on of popular local militias similar to those in Venezuela if he returns home.

In a recording played Sunday on a Bolivia's Radio Kawsachum Coca ( RKC) -- owned by the coca planters union to which he belongs- Morales repeated his belief that he had been the victim of "a coup".

The first indigenous leader of Bolivia, Morales resigned in November under pressure from opposition demonstrat­ors who deemed his re- election to be fraudulent.

He first took refuge in Mexico, but is now in Argentina.

Morales said it had been a "colossal mistake" for his government not to have "plan B" in the face of the right- wing opposition that led to him fleeing.

He said he intends to return to Bolivia when campaignin­g for May 3 elections starts, but he risks arrest as prosecutor­s have issued several warrants against him.

"Before long, if I return to Bolivia, we will have to organize popular armed militias, as Venezuela has done," Morales told RKC.

He confirmed to Reuters that the recording was genuine, but added that he did not want people to arm themselves with guns.

Morales later tweeted that indigenous peasant movements had defended themselves in the past.

"In some regions it was called a communal guard; In other times: militias. Now, union police or union security. All within the framework of our uses and customs, and respecting the Constituti­on," he tweeted.

In Venezuela, about 3.2 million civilians belong to a Militia created by former president Hugo Chavez, an ally of Morales and mentor of the country's current socialist President Nicolas Maduro.

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