Belgium: Competition Authority Assesses Sustainability Initiative in the Banana Sector

The Belgian Competition Authority recently examined the sustainability initiative of IDHTransforming Markets and certain large retail chains to promote living wages in the banana sector
under competition law. The initiative in question aims to limit the gap between actual wages and
living wages in the banana sector, and concerns fresh bananas coming from companies with five or
more employees and sold as branded or under private label products on the Belgian market by the
majority of retailers.