Author Topic: German shops fined for beer price-fixing  (Read 737 times)

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Offline BeeTee

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German shops fined for beer price-fixing
« on: Monday, 09 May, 2016 @ 17:35:53 »
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The German Cartel Office has fined several supermarket chains €90.5m (£71m) for fixing the price of some beers, sweets and coffee.
Retailers Edeka, Metro and Netto were fined for fixing the price of Beck's and other beers owned by brewing giant AB InBev.
Lidl was fined for the price-fixing of Haribo confectionery.
The cartel office said its six-year investigation into pricing agreements was now nearly complete.
It began in January 2010, when the office carried out dawn raids to gather information about illegal agreements between retailers and manufacturers.
So far, it has imposed fines totalling €242m over price-fixing involving confectionery, coffee, pet food, beer and body care products.

http://www.bbc.com/news/business-36245023