Germany Fines 5 Breweries $145M In Price-Fixing Probe

Law360, New York (January 13, 2014, 12:09 PM EST) -- The German government's competition authority announced on Monday that it had slapped five breweries and seven individuals with €106.5 million ($145.3 million) in fines for illegally colluding to fix beer prices, the first penalties imposed in the agency's overarching probe into the brewery sector.

Germany's Federal Cartel Office triggered the investigation when brewing giant Anheuser-Busch InBev Germany Holding GmbH came forward to disclose illegal price-fixing activity that it uncovered through its own internal investigation. AB InBev will face no fine under the country's leniency program, the agency said....
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