Sunday, April 22, 2007

Dutch brewers fined over cartel


Naturally those that are talking are denying it. Cartels are anti competitive and against the law so it is important to get to the bottom of this and to ensure that those who participated in this activity, if proved, should be punished.

Responsabilities should be both on the company and on the individuals involved!

Onésimo Alvarez-Moro

See article:
Dutch brewers including Heineken and Grolsch have been fined a total of 273.7m euros (£185m) by European regulators for price fixing.

The European Commission has penalised Heineken, Grolsch and Bavaria for stifling competition by sharing pricing policy and levels.

The move follows a lengthy inquiry by Brussels into sales of beer to Dutch bars and restaurants in the late 1990s.

Heineken is to appeal against its 219m euros fine, calling it "excessive".

The fine is the seventh-largest competition penalty ever handed out by the EU and its scale reflects the fact that Heineken accounts for more than half of beer sales in the country.

See full Article.