COMMENT: European cartels: fines all round

By Datamonitor | 7 December 2001

The EU has fined companies including Interbrew and Roche for anti-competitive behaviour. As part of its renewed focus on cartels, the EU has been investigating two cartels that fixed beer prices in Belgium and another that fixed the price of food and drink additive citric acid. Most companies had already made provisions for the fines, so the most noticeable affect is likely to be a more wary approach to competitive practices.

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The EU has fined companies including Interbrew and Roche for anti-competitive behaviour. As part of its renewed focus on cartels, the EU has been investigating two cartels that fixed beer prices in Belgium and another that fixed the price of food and drink additive citric acid. Most companies had already made provisions for the fines, so the most noticeable affect is likely to be a more wary approach to competitive practices.

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