The French finance ministry announced the other week that it had raided a number of multiple food retailer head offices and some of their suppliers. In a terse staement dated November 9, the competition authority warned that it is not going to identify the retailers concerned and will not risk compromising the investigation.
In similar raids in the past, inspectors of the Direction Générale de la Concurrence, de la Consommation et de la Répression des Fraudes (DGCCRF) have carried out raids without warning and gathered thousands of invoices and other documents within 12 hours. Known as the “répression des fraudes” the DGCCRF has a justified reputation for being ruthlessly efficient.
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