Sodexo firmly contests the decision of the French Competition Authority and appeals
December 18 2019 - 6:45AM
Sodexo firmly contests the decision of the French Competition
Authority and appeals
Paris, December 18, 2019
Sodexo acknowledges the decision made by the
French Competition Authority on December 18, 2019 to sanction
several meal voucher issuers for practises within this industry,
including Sodexo Pass France.
Sodexo firmly contests this decision which
manifests a completely inaccurate appreciation of the alleged
practices and of the market dynamics.
Indeed, Sodexo refutes the anticompetitive
nature of the information exchanges through the “Centrale de
Règlement des Titres” (central remittance agency), which cannot be
characterized as strategic. The allegation of market protection is
equally unjustified considering, in particular, the arrival of
several new players on the market.
Consequently, Sodexo has decided to appeal.
About Sodexo
Founded in Marseille in 1966 by
Pierre Bellon, Sodexo is the global leader in services that
improve Quality of Life, an essential factor in individual and
organizational performance. Operating in 67 countries, Sodexo
serves 100 million consumers each day through its unique
combination of On-site Services, Benefits and Rewards Services and
Personal and Home Services. Sodexo provides clients an integrated
offering developed over more than 50 years of experience: from
foodservices, reception, maintenance and cleaning, to facilities
and equipment management; from services and programs fostering
employees’ engagement to solutions that simplify and optimize their
mobility and expenses management, to in-home assistance, child care
centers and concierge services. Sodexo’s success and performance
are founded on its independence, its sustainable business model and
its ability to continuously develop and engage its
470,000 employees throughout the world.
Sodexo is included in the CAC 40, FTSE 4 Good and DJSI
indices.
Key figures (as of August 31, 2018)
22 billion euro in consolidated
revenues
470,000 employees
19th largest private employer
worldwide
67 countries
100 million consumers served
daily
14.7 billion euro in market
capitalization (as of November 6, 2019)
Contacts
Medias |
Investors |
Mathieu SCARAVETTITél. : +33 1 57 75 81 28
Mathieu.scaravetti@sodexo.com |
Virginia JEANSONTel: +33 1 57 75 80
56virginia.jeanson@sodexo.com |
- PR Sodexo - French Competition Authority Decision EN
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