NETHERLANDS: Heineken to appeal against EC cartel fine
Heineken is to file an appeal against April's EUR219.3m (US$294.4m) fine from the European Commission.
The brewer confirmed today (1 June) that it will appeal against the EC's ruling that it had broken EU anti-trust laws in Holland between 1996 and 1999. The Commission backed a conclusion by its antitrust authorities in 2005 that Heineken, along with Bavaria, Grolsch and InBev, had fixed prices, allocated customers and exchanged commercially-sensitive information between themselves in Holland.
"Having now studied the full decision in detail, it is clear that there remain significant differences of interpretation and disagreement on some of the company's arguments," Heineken said today. "In particular, Heineken acknowledged in its original defence that various meetings and contacts took place between the brewers, some of them nearly 12 years ago.
"The European Commission though failed to accept Heineken's assertion that these meetings did not constitute a cartel."
The brewer noted that it has a competition compliance policy across its business, as well as a code of business conduct for its employees. "Both processes are subject to annual review or audit, and compliance to competition law is recognised as being an important business principle," Heineken added.
The brewer concluded that, given that the issues relating to the decision are now part of a formal, legal process, it would not be commenting further on its appeal decision.
Asia Pacific Breweries has appointed the previous chairman of Danone Asia Pacific as chairman-designate and a non-executive director of the company....
The Russian wing of InBev has been raided by the country's police this week....
The head of Scottish & Newcastle is to visit Copenhagen, the home of Carlsberg, tomorrow (23 November) to re-outline his attempts to defend the brewer from Carlsberg and Heineken's takeover attempt....
Heineken has refused to be drawn on local reports that it is in line to buy a Czech brewer....
Carlsberg has declined to comment on a call from a Scottish & Newcastle shareholder for the Danish brewer to give further details on the brewers' joint venture in Eastern Europe....
Carlsberg and Heineken have dismissed Scottish & Newcastle's trading update yesterday (20 November) as "unconvincing"....
The likelihood of a union between InBev and Anheuser-Busch has become a stronger possibility, following SABMiller's acquisition of Grolsch, according to a drinks analyst....
Scottish & Newcastle has said that it has made "good progress" in its core markets, despite poor weather during the summer....
- The end is nigh for Global Travel Retail - Comment
- Five ways small brands can beat big players
- Interview, Bulldog Gin founder Anshuman Vohra
- Pernod Ricard's Q1 results - Preview
- Pernod Ricard Q1 2017 results by region, brand
- Diageo most at risk to Thai alcohol ban - analyst
- Jobs at new India hub won't affect staff - Diageo
- Stumbling UK Pound prompts Conviviality price hike
- Constellation sells Canadian wine unit for US$761m
- US craft spirits could be as big as craft beer
- Global gin insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global Wine Market 2016-2020