Heineken’s Dutch Cartel Fine Trimmed To €198 Million

Law360, New York (June 16, 2011, 4:43 PM EDT) -- A European Union court cut a €219 million ($311 million) cartel fine against Heineken NV and one of its subsidiaries to just under €198 million ($280 million) Thursday, but rejected most of the beer giant's efforts to toss the price-fixing penalty.

The EU's General Court also trimmed the European Commission's €22.85 million fine against Dutch brewer Bavaria NV to €20.71 million in a similar challenge to the antitrust watchdog's 2007 penalties for a beer cartel in the Netherlands.

In both cases, the judges concluded that the...
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