EU fines banana importers for running cartel

The European Union has slapped a €60.3 million (US$82.9 million) fine on the importers of Dole and Del Monte bananas claiming they operated an illegal cartel. The EU says Chiquita also joined the cartel which fixed prices for bananas in eight EU nations, but the American banana giant was not fined because it blew the whistle on the scheme. US company Dole has been fined €45.6 million (US$62.7 million) for its role in the cartel, which operated from 2000 to 2002. US-German company Weichert which imported Del Monte bananas at the time receives a €14.7 million (US$20.22 million) fine. The EU announced the fines Wednesday.