Belgian Brewers Stunned By Fine

Three brewers have been slapped with fines totalling over EUR270m after being found guilty of cartel activities in Holland. The EC announced today (18 April) that Heineken, Grolsch & Bavaria will have to pay EUR273.8m for their parts in a cartel in the Dutch beer market between 1996 & 1999. In 2005, the Commission's antitrust authorities claimed that the brewers had fixed prices, allocated customers and exchanged commercially-sensitive information between themselves in Holland. While Heineken was hit hardest, with a EUR219.3m fine, Grolsch was told to pay EUR31.58m, while Bavaria was fined EUR22.9m. InBev, meanwhile, escaped a fine for blowing the whistle on the cartel to the Commission. "It is unacceptable that the major beer suppliers colluded to hike up prices & carve up the market between themselves," said Competition Commissioner Neelie Kroes.

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Belgian Brewers Stunned By Fine
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