News

GERMANY: Six more brewers found guilty in price-fixing probe

Most popular

Why the future for wine in cans has arrived

Brown-Forman in fiscal-2021 - results preview

Top Spirits influencers on Twitter - Q4 2020

Coffee's squeeze on energy & functional drinks

Why wine now needs to catch up with the times

MORE

Germany’s Federal Cartel Office (FCO) has handed out another EUR231.2m (US$318.9m) of fines to six more brewers in the country over alleged price fixing.

//i4.progressivedigitalmedia.com/1/germanyflag.jpg

In a statement today (2 April), the authority named the brewers found guilty of "illegal price fixing agreements" as Carlsberg, Radeberger, Bolten, Erzquell, Buffet and Gaff. The Association of Rhine-Westphalian Breweries and seven individuals were also fined.

The case relates to an alleged cartel that was being run in Germany’s beer sector between 2006 and 2008. Five other brewers - Bitburger, Krombacher, Veltins, Warsteiner and Barre - were given fines, totalling EU106.5m, in January.

In the latest decision, the FCO said the “majority” of the fine will be paid by Radeberger and Carlsberg. The Danish brewer revealed its fine is EUR62m.

Andreas Mundt, the FCO’s president said: “The manufacturers are concerned for more than half of the beer sold in Germany. Industry turnover is well over EUR7bn per year. In view of these sales, the high fines are appropriate and necessary in order to achieve an effective punishment.”

Carlsberg said it will appeal the decision. In a statement, the company said: “We do not agree with the conclusions or findings by the Federal Cartel Office and Carlsberg Deutschland will accordingly appeal the decision to the relevant German Court.”

The initial investigation was triggered by an “application for leniency” filed by Anheuser-Busch InBev's German unit. As a result, A-B InBev has not been fined.


Related Content

Brewers silent on India price-fixing report

Brewers silent on India price-fixing report ...

Anheuser-Busch InBev lifts lid on alleged price-fixing cartel in India - report

Anheuser-Busch InBev lifts lid on alleged price-fixing cartel in India - report...

Anheuser-Busch InBev hit with US$225m fine over trade restriction practices in Europe

Anheuser-Busch InBev hit with US$225m fine over trade restriction practices in Europe...

European non-alcoholic beer sales neared EUR900m in 2017 - Brewers of Europe

European non-alcoholic beer sales neared EUR900m in 2017 - Brewers of Europe...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?