Thursday, April 19, 2007

Dutch beer cartel hit by 275m fine

DUTCH brewing giants Heineken and Grolsch have been fined by European regulators after being found guilty of price fixing.

Heineken received the biggest fine of 219.3 million (£148.5m), as it has the largest share of the market - more than 50 per cent of sales - while Grolsch was fined 31.7m and Bavaria 22.9m. InBev escaped a fine after it provided key information on the cartel to investigators.

Full Story

0 Comments:

Post a Comment

<< Home