Carlsberg Fined €62m In German Beer Price-Fixing Investigation
Published on Apr 5 2014 3:46 PM in Drinks
The Germany competition regulator has fined Carlsberg, and five other breweries, €231 million for allegedly colluding on the price of beer sold nationally.
Carlsberg was fined €62 million by the regulator following the probe.
The news follows on from the Federal Cartel Office targeting five major German brewers with fines of €106.5 million in the spring.
The regulator has now issued the total fines of €231 million to Bolten, Carlsberg, Erzquell, Frueh, Gaffel and Radeberger.
A regional brewers' association and seven individuals have also been fined by the competition authority.
Carlsberg said it was rejecting the accusations and plans to appeal against the ruling.
Radeberger has already filed an appeal to the decision.
The affected brewers represent more than half of the beer sold in Germany, said the competition regulator.
"Considering the level of sales, the fines are appropriate and necessary to achieve an effective punishment,” said the regulator.
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