date:Mar 14, 2012
Carrefourplans to appeal a court ruling that ordered the French retailer to pay damages for abusive contracts with suppliers.
The court of appeals in Paris found that between 2005 and 2006 Carrefour obtained remuneration disproportionate to services rendered in contracts with 16 suppliers. The court has ordered Carrefour to pay EUR19m (US$25m), EUR17m to be divided between the suppliers and a EUR2m fine.
The ruling is part of an ongoing dispute between the French authorities and Carrefour.
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