An investigation has been initiated against Yara

The Spanish Comisión Nacional de los Mercados y la Competencia (CNMC) has launched an investigation into Yara Iberian, the sales subsidiary of the Norwegian mineral fertilizer producer Yara International (hereinafter – Yara), regarding possible violations of the Spanish Competition Act.

“Yara has strict internal rules and procedures on competition law compliance. It is fundamental to Yara that all group companies act independently of its competitors and in accordance with applicable laws and regulations in all aspects of its business,” the Yara press release said. “Yara is cooperating fully with the CNMC in order to ensure the investigation work can be carried out as efficiently as possible.”